Looked at the job market and medium incomes. - Looked at a few properties on Zillow, plugged the numbers into a DSCR calculator, and calculated the Cap rate. - Looked at the property tax.

There are options upto 80% cashout on a 30 year fixed DSCR with no income and no doc from the borrower .

Like-Kind Real Property  The following list of real property asset classes represents interests in real property that usually qualify as like-kind property for 1031 Like-Kind Exchange purposes: Single Family Residential Property Multi-Family Property (Apartments) Commercial Office Properties Retail Shopping Properties Industrial Warehouse Properties Triple Net Lease (Net Lease or NNN) Investment PropertiesAgricultural (Farm) Properties Vacant Undeveloped Land Oil & Gas InterestsMineral RightsWater RightsAir Rights Easements in perpetuityLeases with a remaining life, including options, of 30 years or more Tenant-In-Common "TIC" Investment Property InterestsDelaware Statutory Trusts "DSTs" Investment Property Interests Vacation rental properties (income producing)

I rent to higher income earner tenants who in Socal often have dogs and want a place that's nice, with a yard and allows pets.

Some lenders will adjust the depreciation back out of your income to show higher income to qualify.

There are a lot of full-blown property management software systems out there with accounting modals (Builduim, Doorloop, Rentred, to name a few) but they do a lot of other things besides accounting, bookkeeping, and taxes so not the same thing as QBO.QBO has a few cheaper competitors Stessa & Digb.com that are specifically set up out of the box for real estate investors (e.g. income/expenses categories are things you'd recognize like repairs, appraisal, etc.) and there is no need to set up a separate class for each of your properties since the portfolio already includes these.

Background:First-time home buyerUp to $100k for downpaymentOpen to explore different parts of the city or even other statesOpen to leverage FHA or DPAWilling to settle for breakevenReady to close ASAPChallenge:Finding a property that can fully cover the mortgage through house-hacking and breakeven or potentially cash flow in Vegas, or other no-income-tax states.Request for Advice:Scenario 1 - Stay in Vegas and find a property that is viable to house hackHow are people house-hacking in this market?

My wife is ready to retire from her job and totally into trying out REI, and after watching a newbie webinar by David Green, she is ready to put up our primary residence as a rental and look for a duplex or multi plex to purchase and live in and rent out the rest.

I'm a website designer who's looking to become a real estate investor for our future retirement and for our 4 kids.  

Hi,I am a physician employed at a university hospital with W2 income.