Would you all recommend purchasing SFR over small MFR? 

I own the property 100% (paid cash)  over the property ill be looking for home equity loan to buy and purchase another property,  repeat the process and start the BRRRR method.  

The Father works in construction project management consulting and can make about $5000 per month over the course of a year; however, it is cyclical and currently does not have a contract.

It’s an investment home… Don’t over improve for MTR.

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

Hi BP, I wanted to post to make sure I'm understanding the depreciation recapture process using an overly simplified example. 

Question coming from someone who spends more time with data as an investor: is looking at listings from a propwire, propstream, etc. sufficient for your investment strategies.

In my opinion there is no better time to educate yourself, because while numerous people may be exiting the asset class, few are spending the time learning how to profit in it.

Starting in REI can already be a little nerve racking, so I recommend doing your first deal on the easiest mode you can to build your confidence and build your skill set.If I had to do it all over again, I'd buy a personal home with 3-5% down then repeat every 12-18 months.

The same $5,000 put in TBills and rolled over would net you $1,622.36 with zero risk, liquidity should you need it and no state income tax.Furthermore, I find Spark's claims dubious at best.