This does not include your holding cost like utilities and loan payments etc.

Hope to see you guys at one!

I would check with a mortgage broker and not allow hem to run your credit u til you decide if you want to use them or not.

I definitely hope to see you at one of our meetups someday.

Im kinda burnt out on finding local connects because everyone seems secretive/too busy that i've met.My online business has super low overhead, there's not a ton to invest in and i have a separate business account with money in it for those type of things.

Mentors do not make a ton of money from mentoring......We only do well if, and as a result of, helping others to be successful First!!

Their circle of influence and sphere will utilize them to invest and the license can be used effectively.

@Christian WathneB Neighborhood maintenance is still done, assuming they have been solid tenants and no issues, your lease holds them liable, temps above freezing and furnace at 45, they pay all utilities.

And keep in mind I’m going to rehab It in about 6 months so it doesn’t make sense to do a ton of improvements such as replacing the carpet (which needs to be done).

It will be reported as rental income.You will also be entitled to take ordinary and necessary deductions used to upkeep the rental business which includes items like repairs, utilities, mortgage interest, real estate taxes, depreciation etc.