I was thinking of buying a house for myself which the piti would be around $1133 for a combined total $1913 for both properties.

Do you think we should add/replace the shower with a shower over tubAnd we did think of @Carolina Solorzano's idea to combine it with the closet next to the bathroom (funny that you said that as if you've seen the house!

I said "No Paypal" and all that because it removes an element of control from me and places it in the hands of the tenant, or so I thought.Thanks or all the replies!

I would like to buy my first rental SFH in Poughkeepsie, NY near Marist College. The local medical center is building a 550 million dollar new hospital and transitioning into an academic center and is starting a resid...

(This means you can immediately depreciate it by 100% vs. spreading it out over 27.5 years.Generally speaking, when you combine bonus depreciation and a cost segregation study, on a multifamily asset, you can immediately expense 25-30% of the entire asset in the 1st year!

These are the elements of the building that you own. 

All wood needs protection from the elements.

Again, talk to your lender.I normally underwrite repairs and CapEx at 15% combined.

Try meetup.com or the Bigger Pockets events section.Any rental property you purchase should be offset by the income it will generate so if you get a duplex that rents for $2000/mo (both sides combined), you will be able to count $1500/mo of that as income you can use to qualify for the next deal.Just make sure your numbers really work well.

That doesn't mean you will not need some money but if you have 10k and you can borrow hard money the two combined could get you in and out of a project thats not too size-able.