NOTES Baby the only way to go.. make money pay tax and relax..

In turn, this would increase the time to buy next rental property.2) Negative monthly cashflow of $500-$700/month.3) DTI ratio when buying 2rd property (2nd rental may be negatively impacted/reduced by $1,000.Note: I've been eager to get started since 2012 but life (marriage, baby, etc.) have slowed plans down.

Rent that baby out.

Some background: I got my real estate license at the end of 2016 but had a baby last year so didn’t do much with it.

They have baby deterrents to stop kids from opening the doors.

I am a STR investor who currently owns two properties in East Tennessee (Smoky Mountains) and I am seeking property in the Nashville area since my son and wife live in Brentwood (south Nashville) and a grand baby on the way.  

After reading this book, I now know that the Baby Boomer Generation is now starting to retire and they are being federally mandated to withdraw money from their 401(k)s, whether they want to or not.

They would much rather spend $500/month on a new car, $1600/month on a snazzy apartment, and go out every night of the week...then they complain about how they don't have any money to save, and their Baby Boomer parents had it so easy compared to them.  

To get more success if you are looking for this type of product you want to use the phrase "Line of Credit"...I know it sounds like we are splitting hairs but this is absolutely imperative to find this product in Texas. 

I basically graduated into the recession with the type of degree that makes Baby Boomer parents roll their eyes and say things like "what did you think you were going to do with that?"