Even when pressed for customized tax planning advice, he could or would not deliver.

Even if you can't find anyone to manage it day-to-day, maybe you can find a manager that will help you screen applicants and get them under contract?

The mortgage is paid down even more of it is applied to the balance, earning you even more.

Even the notion that owning 5 to 10 $100k properties would be easy is absolute insanity.

@Sebastian Lough Good evening, I am a Realtor out of Tyler!

If you're not careful you can easily end up paying $200/mo in subscriptions without even realizing it (this has been the case with my partner and I, between video game stuff and music and entertainment, etc. etc...).

He even built a wooden door structure in front of his apt door with a padlock to prevent access back in 2021.

BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

If we were just jumping in today, we couldn't even come close to what was done when interest rates were in the 3-4% range, and houses were 1/2 the price.