After five years you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.

I now have a low income 4plex that I would like to rent to section 8.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $4,000

Cash invested: $35,000

This was a big project. This property is a duplex owned by 1 family. The mom l...

Check for  satisfactory credit, Criminal, and Income and have them provide prior landlord references and call them.

We have found homes that have basements converted into apartments, which we could rent out for income and have also found duplexes with one unit occupied.

Not quite a new member as I've been lurking these forums for years, finally deciding to get serious and figured doing the "New Member Introduction" post would be a good step.Briefly about me:  I'm currently working as a merchant mariner (3rd Mate) and I travel for work about half the year, looking to get into real estate investing to supplement my income and begin building a portfolio during the half of the year when I am home.  

You also need a tax professional on the project to make certain you obtain every possible, available benefit from the certification.

My goal is for REI to eventually become my passive and active income.

I don't want to have to open another LLC and file taxes in another state for business. 

We are part of Tony Robinson's Alpha Host Academy and it covers everything STR related (i.e. taxes, arbitrage, cohosting, buying, operating, etc.).