I've never missed a payment or been late in my entire life!

Or they do cost seg and get 20% short life assets or $5,500 that gets immediately expensed under the new tax law.

Bad condition, moldering walls, built in 1860.

Usually what are the conditions for rent loss coverage to kick in? 

You will come to the point in your life you can actually do all this in a matter of minutes.

I did something similar when I started I picked 3 cities after doing tons of research visited all 3 and made a decision.When I visited I saw they were building a new monorail in CLT and decided to invest there.Another thing to consider to make your life easier is compare flights from your home base.

What a time it has been...just wanted to let everyone know im good ( for the ppl that care) lolSo in my last 12 months ive done almost 2 mil already and pipeline is steady flowing.I am happy to say I have now accepted a position as a closing agent at a NE Cleveland investment firm.Did it all as a solo agent and i just wanted to say first to everyone here thanks for your words of encouragement and advice....This real estate has changed my life in so many ways...I got my first rental and currently house hacking, my mindset is so unbelievably unmatched compared to fellow agents.Things are finally turning around ( prayer hand emoji)

The condition of these properties are not good at all... 1 needs to be demo basically 1 needs a full rehab 1 is a vacant lot and the other 2 are 4/10 condition.

By the way, your 5% for repairs/maintenance is low unless this is a relatively new building in great condition in an A class neighborhood.

I was actively shopping for a 'fixer upper' multi family in one of our local emerging neighborhoods, when out of nowhere, a Dave Ramsey fanatic walks into my life.