If it's a buy and hold over a long term, it may not be such an issue but availability to financing effects your exit strategy. :)

Not sure how it would effect taxes or evictions.

It has allowed me effectively manage my time and pulls in a large number of tenants.

Getting more.Charisma Myth.The 5 Elements of Effective Thinking.

It would be great to pair pictures for before and after effect.

I'm not in any bind whatsoever but was just thinking if I could effectively lower the payment by a few hundred every month, that wouldn't be a bad thing.Opinions?

I am trying to find my first rental but in order for it work it has to meet seemingly impossible criteria.Here is what I am looking for:SFR, 1600-2000sqf, 3bdr, 2+bth, 2 car garage, built after 1985.Location: Midcities area of DFW (Dallas-Fort Worth).These houses are listed between $110K and $130K and rented for $1200-1600/mo depending on the area.However, once I calculate effective cash flow after all expanses are paid, my total purchase price must be at least 30% less than the list price.I asked several listing agents if the seller would lower the price but response was always the same: "we already have multiple offers".

LLCs are generally pass through entities that have no effect at all on taxes.

When a large drop hits the ripple effects shoot way out.Whether it will happen or not for sure is a percentage play based on where it is in the process and how it needs to be funded for it to be a go.Probably have heard of it if you mention it here.

They have no issue with keeping things confidential from either party so long as the issue doesn't effect the other side.