Hello, my name is Jason I'm very new to real estate and my goals are to start getting into rental companies and provide myself enough income to do it full time and quit my job.  I don't necessarily want to make billio...

Again, this may not be true in your market so you'll want to do some research/post a test ad.Hope this helps a bit!

@Michael Hearn2 questions right back at you.1. you state you would "put [the proceeds from the sale] toward the new mortgage" - and i get the temptation to do that with what seems like a high interest rate. 

@Jason KnightI own 2 and self manage both from out of state.

There are many old posts on BP about it. 

My wife posted this and she didn't follow up.

You can spend more time reviewing the details in IRS Pub 946, How To Depreciate Property....This post does not create a CPA-client relationship.

Even if you are out of state resident that GET tax is charged on Hawaii clients which is messed up.STRs are definitely in vogue, but they're not without risks.

That is a requirement in Washington and likely in your state also. btw  - as a best practice, I suggest you avoid comparing applicants to each other.

Please I really need some helps with my squatter problem, which I just posted on my 1st and only forum.