We used the money to pay her car note off and did our primary home remodeling so now she's happy and on board for future deals.

That's less than 22% of the taxes owed!!!! 

or just filed tax returns capital gains for the average? 

If you have just purchased a property, it would be money well spent to have it inspected by a risk management consultant.

So, I borrowed the money from the person that stayed in my first house as she had just sold her house and made a fair amount of money off of it.

The guaranteed rent payments are one of the most alluring features because the housing authority pays all or most of the money immediately, minimizing the possibility of payments being missing.

I’m not here to yell you not to do it but I’d spend a good 80 hours obsessing on this forum and reading books like @Brandon Turner no and low money down before you take the plunge in to Brian Page.

I knew how to get the money and they knew the nuts and bolts.

Will my property taxes and mortgage interest rate change if I place my property under an LLC going forward ?

Many homes are overprice but even at tax assessment value, the rental income is not meeting the 2% rule.Am I mis-interpreting this rule?