Which is about 3 months of rent but i can deduct thay in my taxes against rent.Or are you guys using Heloc as I won't be able to deduct that from my rent is what I read.Also is there a better way to find lender with less fees for closing for cheap investment rentals.Currently I have 5 rental. 2 with personal home mortgage and 3 paid cash so no mortgages.

Hey BiggerPockets community,I'm currently diving into the Online Kentucky Real Estate Course (96-hours), and I've been diligently studying each unit.

i’ve considered multifamily multiple times, but finding the right person to help me that wasn’t just trying to sell mentorship seemed overwhelming.One of the things that I would want to do in an apartment purchase is to do more than simply syndicated.

Try to keep the tenant for 20 more years would be my advice personally.

If you have a $5k judgement, and you can get a guaranteed grand or two from an agency, that's not a bad deal *and* you have the satisfaction of knowing they will hound this person from here to eternity.  

It might make more sense to own the property and lease it out to an organization that does it and you could do a percentage lease rather than a flat monthly fee.It isn't for me but I'm more of a passive person.

An exception may be someone with a VERY strong personal financial statement. 

I don’t plan to use the MIL for personal use. 

However, nothing tops in-person connection.

I'm personally not a fan of 3/1s for MTR.