I understand that these plans are for self-employed individuals or those running a side business of some kind.  

Part of my plan is to better track my existing portfolio.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

Hi Alex - I think targeting smaller units like 1/2 beds if you're planning to target travel nurses makes the most sense. 

We are planning to transfer it to a land trust, yes.

PM's are not very good at this.We have our tenants sign a trampoline agreement, which takes care of liability and also regulates the restoration of the lawn.

Just want to be careful on which broker/lender you use because some of them have a prepayment requirement and try to stick you with a 3-5 year prepay.There is also a 40 year I/O interest only but its only fixed for the first (10) years.Make sure you know how many months reserves they require before you get to deep into paying for the appraisal and then find out the deal is cancelled in underwriting.

ALL you care about is NET, cant pay your bills with gross :) DP, down paymentEM earnest moneyOk now pay me 10k LOL,  We need to "go guru" mateCrazy how much cheese some folks are making... lol

Now build or ask for help developing a plan from A to B.  

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.