.• Caregiver wages, food, supplies, licensing, insurance, and overhead are all fully deductible.• Since you plan to live in the home, you will need a clear split between personal use and business use.

Also we are about to have a baby soon :) We both make 220k$Your existing property will be large cash flow negative when properly including all expenses.  

I'm 24 years old since I was 16 I've always wanted to become a real estate investor but I have not yet started due to I just don't know where and how to start not just that I feel like I lack some knowledge            My 'Why':After years of working in the restaurant industry I realized that I need a path where the room of growth is limitlessso I started googling & watching videos about investing   I got inspired and became obsessed with the idea of building massive growth through real estate investing                  But I have been feeling stuck due to I don't know how should I go by when it comes to take my first baby step  I strongly believe that I need guidance in this path   So looking for a mentor to guide me through this journey that I've always wanted to get into  I have not succeeded to find one or at least that's what I think    I'm open for constructive criticism.  

Returned the money, took the vacancy and slept like a baby knowing I dodged this exact situation.  

Food, Taxes, property Insurance.

All items must be kept neat and orderly.All heating vents will be kept clean and free of dust, dirt, and mildew.No noxious, offensive or foul odors are to be permitted to emanate either inside or outside the rental unit from any source, including but not limited to spoiled food, accumulated trash or debris, liquor and beverage containers, dirty laundry, sinks, toilets, bathtubs or showers.

Just some food for thought, stuff I wish I knew when I was younger.

Hot Rods on Houghton/I-10 is willing to host the event in the upstairs bar/seating area on Wednesday evenings, but it is $200 for less than 20 people, and that is food and drinks included. 

The Class B-/C type neighborhoods, where the typical tenant has reasonably steady jobs, has some choice in housing options, isn't going broke needing to decide between rent or groceries (to the aspiring investors reading this: food will always trump rent). 

We used to do granola bars, but we've switched to Kind Breakfast bars because they're similar to granola bars, IMO better, and being a breakfast bar, it makes for an impromptu breakfast with coffee and tea (provided in all properties) for guests who roll in late at night and wake up with no other food in the house.