Make sure your lending is solid and you submit a pre-approval letter with the offer this will help the seller know you have the money to close.  

Assuming #2, and rental income of $50k/mo (ex. 25 units @ $2000), how much would we reasonably expect to take home (Net rental income not counting taxes)?

We replaced the A/C unit 2 years after and that was also depreciated. these are part of gray area, it really depends on context when you need to do something.eventually one tax expert would not agree but i personally okay to be challenged in audit for this.

Locating properties has been the tricky part for us to navigate (tax deeds, auctions, foreclosures, reliable wholesalers, vacant properties, etc).3) As we embark on this journey, we are also looking for mentors who can guide us through the complexities of property investment deals. 

ISO company that does creative HELOC's:I have a find with great equity in his home but not great taxable income. Are there companies out there that would give him a small loan?Best,Alex

5 star ratings are significantly dependent upon your cleaning crew.

@George RedCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

Hi Amanuel,This depends on your strategy but if you are looking to purchase and rehab to add-value before either (i) flipping or (ii) refinancing, you can likely find a product for 15-20% down, perhaps 10% if you're creating enough value.

This is state-dependent.

I'm going to put away $5-6k of that for the property taxes, unless I can keep my name on the house since I'll be living with my GF at parents place?