Your husband is on a valid course, the questions should be what properties, located where, what kind of properties and how to leverage the acquisition and how to maintain the portfolio as an earning asset.We just can't get specific unless we have alot of information, but I doubt, for your purpose, you really need to go much further.

Most of them don't have any assets I could put a lien on and Texas doesn't allow garnishing wages for this purpose.

Always contact your state real estate commission before making any decisions or taking any actions to make sure that the information you have is current and accurate.IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission.

So currently we have multiple layers of reserve:- Cash reserve: we move 100$ per door to that reserve account until it hits a certain limit, when it hits, we can use the extra fund for other purposes.

For conventional purposes it probably is but just make sure the Loan officer sends the HOA a condo questionnaire.

I have never found a real purpose in strictly investing for the sake of profit alone.

There was a short thread on this, but it was locked. We have 13 units (including our own) in 3 properties, and file schedule E. I actively manage and maintain these properties. From my reading, I need to form a more ...

So if he went over that it would no longer be an investment property and it would be a property that he personally benefited from, and no longer treated as an investment for tax purposes.

It is about customers.Customers (tenants, buyers, borrowers) Can Make Us Rich or PoorCustomers Fund PaychecksCustomers Fund InvestmentsA Customer is not dependent on us; we are dependent on the customer.A Customer is not an interruption to our work; the customer is the purpose of it.A Customer is not an outsider in our business; the customer is part of it.We are not doing a favor by serving a Customer; the Customer is doing us a favor by giving us an opportunity to do so.A Customer enriches our lives.

One 40K town has 10 locations all within 2 miles of each other, a 15K town with 3 downtown locations, and even the smallest 1K village where closest gas is 35 miles away has a money gram location at their one all purpose store.