To choose the loan choice that best suits your financial objectives and preferences, compare options including conventional loans, FHA loans, VA loans, and down payment assistance programs.

A good general starting point IMO is to look at what is expected for the kind of rental you are creating in your market.

Rental property losses can typically be used to offset rental income from other properties, including depreciation expenses.

But in this case it might be worth doing.I could send you a handful of folks I talked to and know, including the person that did mine (although not sure they do sub $100k loans).

The contractors that have been by don’t think I will have to add a pump gonder but are giving me a quote with it included for worst case.

Grateful for all that has lead me to this point in life, creating generational wealth for my family, by finding value in myself! 

When we offer lease extensions and the tenant decides to go m2m we include a premium of $50-$100. 

For instance, what is your note worth, what is the house worth, monthly expenses including mortgage, and gross rents, ect.  

"Good Cash Flow" includes multiple elements.

I am starting from ground zero, with no prior background or capital to invest, but with a strong desire to create passive income for my family.I currently work as a middle school teacher in California, and while I love my profession, I have a strong desire to explore avenues that could potentially provide financial stability and additional income streams.