Originally posted by @Randy E.

Originally posted by @Derrick E.

E 106th & Union is the hood.

Currently I am looking into 'buy and hold' properties because my goal is to generate enough passive income to support myself in creating other businesses, not necessarily related to real estate.I've listened to a few cherry picked BP podcast before starting from episode one (currently on 22), attended one meetup with another one planned tonight, spoke with 2 local investors to build a solid connection and I and am half way through the E-Myth.I just started diving into all of this real estate talk about a month or so ago and I can not wait to gather a few units.

Appfolio, Buildium, and Yardi all have built in screening, e-leasing,  and online payment.

.- If it's on Schedule E as "repairs" or "maintenance," an underwriter will default to assuming it's a recurring expense, and ding your DTI accordingly.

That, and a more robust auto-complete/suggestion dropdown displaying popular podcasts, blog posts, forum questions etc. based on my query. 

@Steve K.This method was first popularized by Bill Nickerson in the 1952 first addition of his book .

Contrary to popular rhetoric, retail is not dying, it is simply changing as does everything.

You certainly will cash flow on many months, but over time with maintenance and especially CapEx (roof, paint, heating system), you'll be near break even.A good understanding of loans, interest rates and amortization schedules helps, along with Sch E for your taxes (for rentals).