Take care of it, get the best insurance you can because you can afford it and deduct it.

If you can afford to hold some, I would strongly recommend keeping some rentals.

Aside from me finding out how much he can afford monthly, is there anything else I should do, or find out?

I had the house for over two years and am single, so I was entitled to the $250k exclusion.I have owned my new primary residence since December 2011, but I'm forced to sell it as I can't afford to live there anymore.

Hi All BP-ers,My name is Jacob and I am currently doing research on making propertymanagement/investing more fun, productive and profitable.As a PM/Investor/Agent what are the biggest problems you face on a day-to-day basis?

You can finance improvements and labor after work has been accomplished, earned equities from products or services like some window company finances new windows after they are installed, this is a contractor financing arrangement.

Download version if affordable.

@yahoo, @gmail, ect. look like you couldn't afford to get your own website.

Our RE is quite affordable and our standard of living is very high compared to other first world countries.

You can't afford to take a "hands off" approach to your investment just because you've hired a property management firm, at least not until you've worked with them a while and they've earned your trust.