I am no longer working and want to jump in and start trying to find ways to earn money. 

Hi Juan- I'm not the expert on large complexes, I have 10 one bedroom apartments two of which are efficiency...while I'm a different neighborhood completely they earn very consistently but due to the more dynamic characteristics of single adults to pair up and paired adults to either have increased income trading up to larger units or creating children and moving up due to necessity- these are in a constant state of flux so require more attention.I prefer to rent to those on a fixed income with average expectations and a low interest in relocation. 

If I refinance as a consolidated mortgage, I can put them on a 30yr, 5%, 5yr balloon, and create an extra $1750/mo cash flow to reinvest.

When I first started out I really had no idea what to think, what to do, or where to start...Today, I just finished my third investment as a private lender for a rehabber (earning 12.5% interest) and I have a fix and flip in the works (thanks to a great team I've been lucky enough to align myself with over the past year) which looks to be finishing up in the coming months.

@Rich Hupper, here is a thread that discusses IRR - even though the thread title is a misnomer:- https://www.biggerpockets.com/forums/311/topics/25...I don't know that "loss to rent" is any specific extra cost that you haven't already allowed for (but @Will Barnard might respond).

My name is Alvin Aquino,I am residential real estate investor, I tried working hard to know all what i need to avoid mistakes, being very extra careful, by doing my due diligence, planning ahead, as a result of this endeavor, I felt i wanted to full proof investment due to economic situation, so we diversified into commercial retail business with the family.I currently own a townhouse, a rental property that pays the mortgage on my current home in full, and I decided to built another single detached  house close to the church which the family really like, the condition to the lender is to sale my current home, but now we decided not to sale instead rent it out.I am seeking advice and direction on which financial institution to go or a way not to sale my current house instead have it rented to create cash flow and appreciation of the house.

Tax write-off blah blah is a lot of gobbledygoop that should not really be your reason for investing - especially when other properties might be able to be bought that result in such good returns that you shouldn't mind paying EXTRA Taxes!

Hello everyone I'm an audio tech from NY my wife is a middle school teacherWe are looking to invest in real estate  in order to secure some savings for our two kids and maybe even provide extra income for ourselves as well. 

Basically a chance to earn while you learn. 

But usually the mere threat the IRS "can" tax you on profits that you may never see, is enough to dissuade a charging order.    100% of the profits of a LLC are taxed in the year they are earned.