It also means keeping track of money in and out, talking to a tax expert, and being good to your tenants.Good luck

It's important because it affects how much money we can borrow from lenders.

One of the most glaring signs of the scam oriented site that is CI...should be the fact that CI and CiX support Josh Cantwell.

But if you can get the purchase money loan done prior to closing try to do so.

I've had houses double in price, but the taxes haven't gone up at the same rate.Renos can cost a lot, but if in the long term, you can rent the house for more and have less turnover, you will recoup some of that money. 

Talk to the person who sold you the deal initially to see if they have a recommendation for a lender (local bank, credit union, DSCR guy, or Hard Money).   

Since you are new, I recommend staying with flagged properties that way you get support from the franchise and access to loyalty members.

If I’m asking for a large increase, I include a list of nearby comparable rentals so they can see moving isn’t going to save them money.

If you were my client and after truly diving into the why’s, if it still doesn’t make sense, I’d cut it loose and deploy my money elsewhere.I agree that real estate in general is a long term plan - but I like my money to make money.

Other option would be her doing a cash out refinance on her home and using that money to purchase with cash.