That is only going to get more critical as the growth comes up I35W and the Alliance Corridor.

They also pay an additional $500 a month towards their down payment. 4.

I used this property(my first rental) as a cash generator/stabilizer for my additional rental properties.

@Kai Van LeuvenCouole thoughts on the pet policy.Yes it’s fairly standard to charge an additional security deposit ( as carpets will most likely require additional attention for pet hair).

One additional factor that helped me in the early stages of REI was having the advice of a trusted real estate agent.

(I switched property manager in 2018, rented the second unit in May, now I am receiving the rents).I do not need any deduction for a 0 income, so it would be very simple if I hadn't to attach the additional module for depreciation.

I think I have minimized my risk by purchasing it out right and then testing the market for what the property will rent for to further prove my numbers for purchasing additional houses in the area.Once it is rented I am going to work on either refinancing or getting a line of credit for the purchase of the next house.Hope this helps any new investors who commented on my thread. 

Also need to remember, most buyers have a home inspection done and then can come back asking for additional money towards repairs etc.  

Risky, but to land a property make take additional risks.

Start investing first then see if you want or need to add the additional costs and hassles associated with having one.A LLC is a want not a need.