I haven't really exactly figured how much I will need for the business, but I imagine $25,000 would be plenty initially.As a rough estimate, I imagine if I put 20% down + 5% closing costs on a $500k property (what I consider to be an average/nice house in my area), that would still leave me with $165,000 in savings.

I just purchased a unit in the Mount Vernon area close to Ft.

Here's my take:Property Management is more closely related to automotive manufacturing than what people naturally think of when they hear "Real Estate."  

The most important thing is to plan BEFORE an investor closes on the sale of their property.

Opinion: If you breakeven or are close to breakeven today, that's a win in this market considering the ability to refinance later.(3) The equity of your home is currently earning you 0%, leveraging adds risk, leveraging also adds opportunity for it to earn you some money.

You can learn by reading some books or wait until life hits you with a problem and then try to solve it.I recommend you buy "Every Landlord's Legal Guide" by NOLO.

Using an LLC can offer more legal and safety cover.

It is close to the westwood community center.

I am working on closing my first mortgage on a property in South Florida.

Is this Legal?