Quote from @Chaliyah Penick: I have a relative that is up in age and no longer able to afford the mortgage and are falling behind. 

I will return to this situation in the end of this post, but first let me show you why the age of a person can be tricky when it comes to the IRS.

I spend a total of probably 5 hours a week dealing with tenants and property management related duties.

@Eric Helena, There is no statutory prohibition against purchasing from a related party to complete a 1031 exchange. 

Good afternoon I have a question in regards to my section 8 tenant. I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip co...

As it relates to lease end dates I've seen two things work here. 1) You can stagger end dates as mentioned above or 2) you can optimize for summer - this works better for us in areas where you see students or families with school age children moving to align with the summmer months.Separately, this is a great argument against month-to-month leases.  

I bought my first house when I was 24 and now have 5 relatively small properties in Michigan!

We travel for work (healthcare) and chronically live out of MTRs, so it will be our first time operating a shorter term, but won’t be an entirely foreign situation to us.

In areas like Dallas or Fort Worth, I’ve seen professional cleaning range from $300–$600, especially when dealing with pet-related cleaning like removing cat hair from carpets.

Congrats on your maturity at a such a young age.