As long as it makes sense as an investment property, meaning, I am hitting my personal cash-flow and ROI goals while covering all the expenses you have accounted for in your analysis, then it is a WIN, and I move forward with the deal.

I have about four savings account which totals a little over 3k for different reasons like Emergency (2k), Travel (1k), a credit union saving (~300+), and investments (~350 and adding [Had more but I spent it some stuff to educate myself and get started with the stock market.

You can also connect with real estate attorneys, tax accountants, etc.

Hood properties have much higher expenses than most new investors account for. 

Complete your end of tenancy accounting.

Make sure your accountant is quarterbacking it so there's not an inadvertent recognition of gain.2.

If so, what are some average annual premiums? 

Hi guys, I am a 20 year old sophomore in college studying Accounting.

I’ve had plans to be an accountant for two years now and I am fixating my future on real estate.

Commercial loans sometimes ask for annual reports.