It’s smart to have at least three to six months of mortgage payments, utilities, and maintenance saved up.

You can deduct a portion of expenses like mortgage interest, property taxes, insurance, utilities, and maintenance that relate to the rented area, and you’ll report the income on Schedule E.

I think that is a huge flaw in this industry.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

competing against those in the industry is very hard .. .And your not going to have any luck trying to daisy chain these deals . 

Hey Holly,Sounds like you’re in a great spot for corporate rentals — Hillsboro has tons of demand between Intel, Nike, and the supporting industries.

Hey everyone,I’ve been a real estate broker here in Nebraska for about 12 years, and I’ve seen how much the industry has changed and honestly, how much it hasn’t.

Hi Gabriel - If you're looking to connect with others in the real estate industry locally, you might want to consider attending REIA Rico Thursday this week if youre in the San Juan area. 

This means they've navigated multiple peak/off-peak cycles, managed seasonal rate adjustments, and survived the industry's rapid technological shifts.