If you have reserves, can you invest the money that provides a better NET return (after tax) than putting it into the down payment3.

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Funny, I have almost the same exact story in 2008 with Rich Dad and the free event, I watched my friend "run to the back before the run out of room".

Feel free to reach out if you have any questions about the Knoxville market or if you're looking for a dedicated agent.Best regards,Katelyn

That does not mean that pay stubs and tax returns are the only way to prove ATR fir example bank statement loans for the self employed is a method to verify ATR. 

Feel free to dm me if you have further questions. 

-----If you are a new investor, feel free to add your experience.

It’s a bit of a learning curve, but can be worth it for the potential benefits.As always, chat with a tax professional to make sure you’re on the right track and taking full advantage of the benefits.

I can think of mortgage, taxes, insurance, STR insurance, water/sewer, electricity, trash, internet/cable, cleaning (can pass through), supplies, and software.

The home is 1,841 square feet and was constructed in 2009.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.