If you have the parking, I'd find one where you have a basement to finish off for an additional room...and rent the other bedrooms separately.

@Jose PerezLandlord pays water and heatingI will almost always pass on a deal where I am responsible for heating unless there is a way to separate the gas and electric.

If #1 is a brick townhouse or single story style with a shingle roof in good condition (for example) then it might be a better buy than a painted wood, flat tar-roofed bldg with apartments that are over/under. or if one has separately metered everything, and the other doesn't.That sort of stuff can make a big difference that doesn't show up immediately in the math

Does this mean separate Solo 401K accounts, or separate bank accounts?

Once both properties are paid off I can either get another loan using the equity from 110 or and 108 or get another VA loan move it the new home and pay it off via triple payments.Currently I hold $5,000 in a separate account to account for the unknowns.I feel that started off very slow compared to other stories on BP but I am thinking hoping that the snow ball effect will continue to grow.What are your thoughts?

We are partners for now and not married, so we are filing separately.

The way I see most returns when there are separate buildings the CPA takes the depreciation as the one lot (or APN).

youll get lots of different opinions on LLC's and rental properties.my accountant wants every rental in a separate LLCmy insurance agent wants them all in the same LLC to do a master policy.

., you have to count that as income, just like income from a job.So, separate from the 3x rent as income issue, can you also have a requirement that the prospective tenant must be employed or work in some way (self-employed, etc.)?

@Brennon Manske If you can find the person that holds the redemption rights, you can often purchase those separately.