Quote from @Steve Wilson: New to BP, anticipate buying my first rental property in teh next 3-4 months and hoping to solicit recommendations for home insurance in the Detroit/SE Michigan area.

I have been looking into the DC market recently specifically in SE D.C. any advice on that area? 

Hello everyone, a month or so ago I made a post trying to connect with Wholesalers, I'm looking for a house to flip in the Kenosha general area (15mi radius).  There really isn't a REI group here to network with.  I'v...

SE Tax is is a separate code section under 1402 not 469.

Instead of moving out, he sued me and my LLC (pro se), claiming:- Breach of contract, promissory estoppel, specific performance, declaratory and injunctive relief,- Plus $15K in “equity”, arguing that rent and expenses made him a tenant-in-common.He also claimed a right to renew, though the lease clearly said renewal required mutual agreement.

Rental income gets excluded from SE tax, but management fee income would be subject to SE tax. 

Not high crime, per se, but definitely the neighborhoods that feed into "fine" schools. 

IN generally I've seen the idea be that you se aside a certain amount each month so that when the time comes it is there. 

There are assuredly more cost-efficient times to start your portfolio, but there's no right time per se. 

I am not a broker per se I do make new orginations every week though.. and I have sold many many properties over the year with seller finance that I owned.