Loan balance is around $225K, rate is 5.225%, and my PITI runs about $1,600/month.I’m moving out of state in January and was planning to keep this as my first rental.

To achieve this, your rental income must:Increase faster than inflationLast for as long as you doThere are other requirements, but to keep this post short, I will skip the others.To simplify the decision-making process, I created the following decision tree.

Many investors prefer to keep at least three to six months of expenses in reserve to cover unexpected costs such as repairs, vacancies, or market downturns.

 @Joe Edelman, Your plan makes a lot of sense—starting lean, learning wholesaling, and keeping the best deals is a smart way to build cash flow while gaining experience.

@Manuel Llanas I'd probably keep the cash flow that you're getting from the asset and supplement that with your VA disability pay.

From what I hear, the same issues keep coming up:Tenants complain if halls, stairs, or laundry areas aren’t maintained.Owners don’t always know about damage, leaks, or safety issues until they’ve already become expensive.Doing the cleaning yourself (or relying on tenants) isn’t reliable long term.I’ve been helping some Philly landlords with regular common space cleaning, and one thing they value is that it doubles as basic property oversight.

Solid profits for when I decide to sell and instant cashflow if I want to keep it as STR.

I’m in the same spot, licensed agent and active investor, and I’d say keep the license.

Hello all, I am about to finish my first flip (not so successfully 😂) and to get back on market after a while. wanted to ask the wholesalers out here, what are the things that investors do that keeps them in the top of your minds and makes you send them more and better deals? 

Anyone have recommendations for a program(s) or other means to keep records for my new LLC and new investment property (a single family house)?