And I am dealing with educated professionals in the 250K range for annual income.

HOA fee - If HOA fees are not paid, business will incur fines, so it is necessary to make the profit in the business.8) Marketing expense and advertising9) Cleaning and maintenance10)Commission (Expenses like commission, abstract fees, recording fees to obtain your mortgage are not deductible but rather capitalized )11) Insurance12)Legal and other professional fees(Tax preparation for business, not personal part)13)Management fee if applicable14) Points- you generally cannot deduct the full amount the first year but have to deduct them over the term of the loan.15) Repairs (Note always do repairs rather than improvements to rental because repairs are deductible right away and do not have to depreciate over few years as done for improvements.

Hello everyone, I've been studying Real Estate Investing, reading the books, watching the Videos, reading the Forums, and going to the local Meet Ups and REIA's.

In your particular case, you have not outline what your professional background is like.

Even more so when your professional is not a specialist in your industry.There're some 20 tax professionals on this board, all real estate experts, and we continue to learn from each other.

First of all, I’m not a lawyer or a tax professional so you should really check with them.

The cost of hiring a professional mover would be around $3,000 depending on family size.

I would rather pay a professional than answer phone calls about the other tenant not taking care of their portion and dealing with that.

The 3BR/2BA 1500sqft starter homes would be perfect investments b/c both young and old college educated professional families generally want to avoid apartment complexes in my experience.

These are professionals with additional training and a stricter code of ethics.