Track everything you are responsible for and review that regularly look at them in an effort to reduce expenses and possibly increase your income.In the begining, just do what is average for that subject neighberhood.  

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So if you and I owned the same value of real estate, You'd be taxed on your regular income first and then still pay the same property taxes I do.

@Dan Vleck, nothing to clarify really, you're right, a dollar is worth more today than in the future, I doubt many on BP walked into a store and bought a loaf of bread for a nickle as a kid for their mom!

The Bigger Pockets book store if full of great books: https://www.biggerpockets.com/store

We have a rep at Sherwin Williams and they can get you deals on paint that you can't get in store.  

You'll pull mortgage records for the last X amount of days, and look for regular people's names versus say Wells Fargo. 

The Bigger Pockets book store if full of great books: https://www.biggerpockets.com/store

Having a regular job provides a ton of benefits unless you just totally hate it.

The Bigger Pockets book store if full of great books: https://www.biggerpockets.com/store