It also sounds as though you did not do an LLC and choose to be treated as a Sub S corp, so the income will also come to you as Earned Income, and will also be subject to Self Employment Tax (although you might have already paid the maximum).I applaud your decision to set up some kind of system before you do anything like this again.  

I am still learning and it's great to earn while I am getting my education in this business.

Typically, if you purchase a foreclosure auction property and contact the entity holding the lien and explain the situation they may reduce or strike off the foreclosure-lien held against the property.

Rates could go up or down, but I haven't seen them change by much, if any.When I'm negotiating, I try to get them to not charge the application fees or reduce the origination fees. 

I am thinking like you, I do not plan to ever sell, but if you do there are multiple tax strategies to reduce any possible taxes such as a 1031 exchange or the capital gains exemption.Of course a good tax lawyer should always be consulted before implementing any advice in these forums, including my posts.

Questions:1. what things would you like to see an escrow company do or do better to earn your business?

Questions:1. what things would you like to see an escrow company do or do better to earn your business?

Also, I am concerned about the VRLTA which was amended a couple years ago to reduce the qualifying term from 10 properties to 3.  

In two years time, you would have rental income to show for multi-family, and that would help you qualify for a conventional mortgage.Could you partner with someone locally to go in on a multi-family together, reducing your expenses together and building equity.Could you find a smaller property locally to buy and live in, start building your equity and net worth while saving cash for the next place? 

Like, "hey honey, I was just thinking about money, and what I/you earn in salary versus the rent from (pick some house/unit/bldg) and its interesting because when I add up our...".