I am 21 and looking to get into real estate investing as a full time career so I can become independent and live on my own terms while helping other investors by passing on information I'm going to learn over the next 50 yesrs. 

Drive By the Property: Once the property checks the basics on paper, drive the neighborhood/street the property is located in and see if it is an area you would feel comfortable living in/investing in depending on your strategy.6.

Since Roth conversion is a taxable event you must determine current value of the asset by independent third party.

I know that its an ever learning process and even though we have not reached financial independence, I do believe its a very worthwhile en devour.  

You're happy with 85 dollars a door (adding back in cap ex/vacancy/repairs) you could do that easily w/ out the hassle of these low rents...Random example, literally 2 seconds on redfin to prove a point:https://www.redfin.com/MO/Independence/17409-E-41s...https://www.redfin.com/MO/Independence/4001-S-Redw...Rent Comphttps://www.apartments.com/cedar-ridge-apartments-...Even at list, 20% down and 6% interest this would be less than 600, and probably rent for 700+.

I also called my local REALTOR board and it is the understanding that TN has requested that each county and city figure out some type of regulations in order to address issues regarding short term rentals but that  each county, city is independent in making those decisions.

Proprty is in Independence, MO. 

If I were in this situation I would want to continue charging full rent and pay the tenant for needed work independently of our rental agreement, then it's up to them what the money goes towards. 

-Network with people like crazy and get out of your comfort zone-Develop grit and keep your goal of financial independence in mind.

-Network with people like crazy and get out of your comfort zone-Develop grit and keep your goal of financial independence in mind.