Additionally, I’m looking for a good CRM that is super simple and effective.

For additional context, I am looking to invest $30-$50K and purchase long term hold duplexes/triplexes/quadplexes.

One more factor that is rarely considered is your total debt-to-income (DTI) ratio.

I basically just covered all of my fixed debt payments and living necessities and saved everything else.

This will lead to hot and cold areas in the house unless you add additional circulation e.g ceiling fans.

Depending on the margins of the deal such as loan-to-cost and rental income this is a great approach to get you max cash in the pocket without considering debt-to-income or personal tax returns.Let me know if you have any further questions.

She planned to leave that small house, put a little work into it, and having it serve as a separate mother in law suite in addition to the newly constructed main house.So far, the first acre has a septic tank, well, and a foundation built.

@Anna BrownYou recently created a post about raising capital for your real estate investments.If you work with a CPA - you want to work with a professional who understands debt and equity agreements with investors and what you are responsible for doing.There are a couple of CPA's within Biggerpockets.

I have seen it on 2-3 units as well where they close off a top story or below and have it still listed as 2-3 units without giving merit to the conversion due to lack of additional meter.

Purchase price: $173,500 Cash invested: $200,000 Debt free investment!