I’m fairly new to real estate investing but the house I live in is paid for and I have a rental property that is paying for itself and paying me too.  

95% occupied sorryPersonally I don't count the POH rent towards the NOI because my lenders won't either.30 occupied at $450 = $162,000 gross incomeAssuming a 40% expense ration your NOI would be $97,200If you wanted to buy at a 9 cap you'd be at $1,080,000Definitely check my math but I'd try to pay around $1 million for this.

This tenant probably trying to not pay and stay as long as can. 

If I had property management I would be paying a couple thousand dollars each month for that service, then having to still pay the PM Company’s contractors at a marked up rate for every repair.

I bet he'll pay before auction.

So with the same money I can either pay Uncle Sam with no return or invest in oil with the same dollars and possibly get a return of something.

The income from the property to pay the mortgage. 3.

If you rent the property and make it an investment you will pay tax on that!

It comes from signing services which only pay between $70-$85 per signing while they get paid $125-$150 total on average and upwards of $400.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).