The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

Using basic risk vs reward metrics, you're increasing your risk by allowing an adult to be in the property and not a responsible party to the lease, but you get no additional reward.

If you go forward with it, know that you are now informed and will operate under those conditions and risk.

•I plan to put 20% down on this new property, which means I’ll be left with about $80,000 in cash after the purchase.Given this scenario, I’m trying to decide whether to pay cash for the second property or continue with the 20% down strategy .

Hello,I have two investment SFH but they are under my personal name. I was wondering - if I move one of the properties to an LLC, will that lower my personal DTI to allow me to refinance the one that is still under my...

I’ve heard of people getting rehab loans where you put down %20 of the acquisition price and %20 for the rehab and you get much better terms than an HML.

I'm simply offering an alternative viewpoint based on the current market conditions and the heightened competition.It's easy to tell people to put sticky notes on someone's door, but what is the true cost and benefit? 

If you are looking to do cost seg utilizing the STR "loophole," then it may put you into a commercial depreciation schedule (39 years) as opposed to a residential schedule (27.5 years).

Put your target property or properties under contract (assuming you are not going “hard”)5.

I believe that it would be easier to reach an agreement than to put the property back on the market.