: Standard Rules of Thumb: 2% rule - you are at 1.15% (not bad or good, depends on other expenses) , 50% rule take 1150 - Principal Interest Payment only, to estimate whats left over Assuming you will be managing yourself once you move out.

Under clause 26 Assignment, this state allows you to assign the property ONLY if you get the permission of the seller and then you have to file another form along with the contract that insures the seller gave you the permission to do so. 

One principal purpose of the accredited investor concept is to identify persons who can bear the economic risk of investing in these unregistered securities.Unlike offerings registered with the SEC in which certain information is required to be disclosed, companies and private funds, such as a hedge fund or venture capital fund, engaging in these exempt offerings do not have to make prescribed disclosures to accredited investors.

Done 100's of deals over the years and am very skilled in the filed.

I will use the acronym “covered entity” in this article, inasmuch as my principal focus herein relates to seller financiers engaged in captive finance and retailers and communities now covered by this rule extension.FinCEN can issue regulations requiring financial institutions to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings, or in the conduct of intelligence or counterintelligence activities, including analysis, to protect against international terrorism.

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul 

I am not a huge fan of garden apartments but this building is built out to have a legal basement with very good access and ceiling height so hate to waste that value add if we can contest or file a few documents and get a legal 4th unit.  

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul 

,I know I need to file taxes, do the bookkeeping, screen tenants, have strong leases, insurance, and know a bit more that the average dame when it comes to structural issues and maintenance since my parents were builders.  

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul