You are on the hook for taxes, insurance, liability claims, and the mortgage as an owner - none of that as the lender. 

@Amber Forkey if the trash removal company is a C-Corp or S-Corp (or an LLC taxed as such), no need to send.

Ensure your assumptions are cautious and factor in interest rate fluctuations, maintenance costs, insurance, and property taxes when running the numbers.

The reason goes back to RE investing 101 - you make money on equity, deleveraging, apreciation and tax shelter - cash flow is actually the smallest, while still absolutly vital to keep your biz alive. 

It’s a relatively stable and reliable market with above average growth and tax advantaged gains.

Are there other ways to shelter the gains from tax?

Purchase Price: $215,000ARV: $275,000Tax Assessed: $300,000Rehab: $8,000Rental Rate: $2,300Landlord Insurance: $2,500Home Owners Insurance: $5,000Property Taxes: $8,000Year Built: 2018

The documents required would be last (2) year tax returns and copies of the last (2) years 1099 year end statements.

I read books I just wanna do a completion check, hopefully it helps thank you otherwise, the goal is to complete the book preverbal LMKUnsecured, Secured, Seller Financing, Syndication Leasing everything Ie, houses, boats, collateralizing their Tax attorney. ( more about (ROTH IRA I suppose)mortgage attorney ( hoping to learn more here)4K tax write-off for Canadians anyway

I've had the same tax guy for years but he retired last year (just when things were getting good lol) and now I really want to connect with someone who can not only do my taxes but tell me best how to move forward in real estate investing.