I've put together this excel document after reading Brandon Turners "The Book on Rental Property Investing".

This is also programmed into our PM software, so it happens automatically.Our lease also states what rent will be applied and in what order and also a security deposit.So, you may want to check these documents to see if this is covered with your PMC.While we always try to be fair with our clients, we also have to generate enough income to pay our bills. 

I'm looking seriously into this strategy.

Also not exactly sure which state I'd want to invest in.Questions for you who do this successfully:1.

This question is asked a lot and there's a ton of value by just reading those previous conversations.In short, there are pros and cons to the program, all of which are well documented on the forums.

Hi Mohammad, glad to have you as a part of this awesome community!

Hope this helps.

For personal/family reasons, my wife and I need to move out of state sometime in the next 12 months.I’m trying to figure out what to do with this property.

Hey Jimmy, continue to build out our network, create a large flow of deals via wholesalers and agents, and leverage your money strategically.Keep us updated on your journey!

Does this exemption amount get subtracted from the sale price of the property, or the assessed value of the property?