Keep researching, and always consider your own circumstances and needs in addition to the advice others give.

It also helps prepare financial statements and tax returns.

This is simply a different business model of handling investments so as to expand your choices for the IRA beyond conventional financial products.

I recommend MB Financial for this type of property.

HAPPY NEW YEAR GUYS.I submitted the numbers to a financial group out of Ohio, they got back to me within 36 hrs.

I'm hard pressed to find potential renters who don't have major financial blemishes, let alone criminal records to boot.

The rest of the money that is budgeted is going into the reserve for CapEx, repairs, vacancy's for couple of years to build the reserve.My Conclusion:As long as the majority of my living expenses are paid such as: P&I, taxes, water/sewage, able to save whatever is left over for any repairs and/or CapEx, I should assume that I am House HACKING appropriately for the circumstance?

Due to unfavorable circumstances, showings would be difficult and they would prefer not to list the house on the MLS or have an abundance of people stop by.

Cash based tenant pool - All the multi-family properties I've seen in Las Vegas rent in the $400/Mo. to $650/Mo. range and the tenant pool in this range live cash based lives and have no "financial history".

I already have my financials through the BP flip calculator.