Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

She covered attorney fees, closing costs, title and paid up the property tax through the end of last year.

and with high yield savings accounts finally having decent rates, it just doesn't seem worth it for a new investor. to be clear - it's a perfectly fine strategy, it's just not a beginner strategy.beginner strategies - house hack, live in flip.advanced strategies - private lending, sub to, tax liens, notes. 

In addition, the amount of insurance is limited to the amount of the debt outstanding. 

This law prohibits a financial institution from disclosing a consumer’s nonpublic personal information like your Social Security number, income, and outstanding debt to companies that are not related to the financial institution.https://www.ftc.gov/business-g...https://www.ftc.gov/business-g...Also, most credit agency contracts do not allow their clients to share info with 3rd parties.

It's in Rosharon, Texas and property taxes seem high at 3.19%3.

There are some great S8 tenants out there that appreciate what our tax dollars are giving them.

I noticed when looking at the local tax assessor that my name (purchaser) was listed as 50% while someone else was listed as the other 50%.

One insurance, one property tax, diversify vacancies (50% if one unit is vacant versus 100% for a single family).3.

Only 3 cases exist that I know of of individuals successfully defending themselves before the tax court of qualifying for real estate professional status while having a full time job.