You can find examples of a payment ledger online.Use another section for tracking maintenance.

An example will illustrate the consequence.Suppose you purchase a property with an initial cash flow of $1,000 per month.

In my area, the common examples would be sewer and garbage but could include anything really. 6.

Example: Instead of saying it’s “great for students” or “perfect for travel nurses,” focus on the features that make it appealing and let people decide for themselves, like:Walkability to the hospital3 bed / 3 bath layout (huge plus)Lease length flexibilityFurnished vs. unfurnishedParking, utilities, internet, etc.That approach still attracts students, parents, and traveling professionals without creating any Fair Housing headaches.

So my advise1) Know the rules, (See Bruce's post above).

EXAMPLE: we had a client decide to sell two properties last year that they took out 15-year mortgages on, then had issues making the payments after property taxes increased after a reset.

An example of the first is high rise condos I purchased in Phoenix in 2011 -2012 - because the owner occupancy was below Fannie Freddie FHA guidelines, these could only be “cash only” deals.  

Hey, it's cool to see you're taking the first steps into this world. 

I see mentorship online for this specifically.

For example, offering to help them place a strong tenant and manage the property locally, with a future purchase option built in once your capital frees up.