I have seen many rent a broker.. you can do that to get started while your working on your own brokers license. this is usually someone retired or semi retired that wants some extra income.

Can you qualify for a mortgage with income, assets, credit, and a property that can be financed?

This ensures that both the buyer's and seller's interests are protected and that the agreement complies with all state and federal laws.Title Search and Clear Title Guarantee: Before finalizing the deal, conducting a thorough title search to ensure there are no liens, encumbrances, or legal issues with the property title is crucial.

Investing in rental properties can be a great way to build wealth and generate passive income.

But if you do I would only take tenants whose rent is 100% guaranteed.  

Basic your business model on short-term rental income is risky in that, over the 30 years, regulations can and do change (not to mention oversaturation resulting from the high interest rates pushing investors to rent short-term to try to get any sort of cash flow).We have the same situation in Canada (less the 30-year mortgages) and that's one of the main reasons, aside from profitability, why I invest overseas like in places like Mexico where there is unlikely to be regulations anytime soon, neither at the governmental nor at the HOA level.

. 🌎 For my first property I would like to buy a place for my parents, they are lifelong renters, and on a fixed income.

Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income.

From gross rentals, a license fee (to use a well known brand hotel), and a management fee are deducted before I would receive my net rental income, which would pay for the mortgage, taxes, insurance, and HOA costs. 

Toledo has a declining population, low incomes and high poverty rate.