It wasn’t fancy, but it forced me to get organized.The change was real:- Rent started showing up on time- Repairs got handled faster without me being the midnight middleman- Lease info was easy to pull when tenants asked- Vendors got lined up with less scramblingNow I touch the property way less, and tenants think I got more responsive overnight.

Bottom line, the gurus make note buying sound easy, but there are a lot of nuances, rules, and regs that many of them don't know.

This just leverages you more and it's unlikely that cashflow is significant enough to pay the loan off quick enough - ie: it's an easy way to get in trouble if you don't have cash.

Tenant's are easy, it's take it or leave it with our late fees, tenant responsibilities, etc.

Many millionaires keep rolling deals forward to defer taxes indefinitely.Capital Gains Treatment – When sales do happen, long-term gains are taxed at lower rates (0–20%), and depreciation recapture is 25%—still less than top ordinary income rates.Add these together, and you can see how someone with millions in real estate activity may show very little taxable income even though they’re cash-flowing like crazy.Caveat: This doesn’t mean it’s easy or risk-free.

It’s easy when everyone’s friends… until money, tenants, or taxes get involved.

Finding deals isn't really that hard, it's more an issue of so many newbies, even those with 5-10 years of experience, NOT knowing how to find them in today's market.Many investors were used to be able to find deals on the MLS and haven't adapted.We can find deals fairly easy...

What companies look for:Fully furnished, utilities + internet included.Flexible lease terms (30–90 days, sometimes 6 months).Easy parking and proximity to major employers.3.

I don't think there are any that will be perfect, spotless, and completely intuitive. 

yes, very easy to open landlord/tenant account, just put the money there and that will save you a lot of headache.