Jordan, there are a thousand ways or combinations to approach such projects, often under syndication, with tax credits granted, can be in a REIT or other structures, sole owners, affiliates and subsidiaries may be involved.

Combined we net about $83,000/year.

I had bad credit, school debt and had to borrow my first down payment.

If you're comfortable and know how to positively leverage debt, I suggest you borrow the max that the lender would allow.

I'll work until I die in some fashion but I want to show my children that going to school, graduating college and getting into huge debt to buy your house and work for someone else isn't the way!

Here's the situation:My sister-in-law is in serious debt and can no longer afford the payments on her house.

I know I know plenty of reasons why you should stay local, but even the "cheap" areas within 2 hours of me are expensive (in absolute terms), have bad demographic trends, and are a little rough (I know this last one isn't a big deal, but combined with the first two...)

It could be in a combination of delayed payments that could eventually become a monthly or quarterly payment.

I would say it's going to be a combination of about 100 different factors.Hopefully, some bp pros will delineate all on your post.For my buy and holds so far.

So I have an extra $40 a month in savings combined for taxes and insurance.When I posted this example I stated $400, but more accurate cash flow number is $480 plus the little extra saving on insurance and taxes I will be breaking almost even on the 50% rule.