I discuss every house rule. 

This issue, while easy to solve, only came up at the end of the process.

So not as easy and moving every two years if you have had the properties for any length of time.

There is no such absolute rule or mandate for REI - it is up to you on your comfort level with your cash flow versus total investment versus appreciation potential.If I followed that rule, I would have missed out on a LOT of great opportunities over the years.We bought a house in Jones Valley in 2017 with negative cash flow - why? 

For many, their downfall (and really what makes it so easy) is that it is a single-entry system. 

It wasn't easy and sure as hell was not as frightening as your journey, but it was rewarding nonetheless. 

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.

A warranty can bring peace of mind, especially if the tenant values quality and reliability.Here’s our rule of thumb:For budget-friendly rehabs: Used appliances from a reputable source can be a smart choice.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

@Tayvion Payton to get a better understanding of the loan products, it's best to have a conversation with a commercial loan officer at a local community bank or credit union.On commercial, the number one rule is a deal meeting their DSCR loan covenant, which is typically 1.2 to 1.25.