Renting finance:
100% rental in an LLC:
There are two definitions for success:
1) Cash flow positive, after all expenses.
2) Net income after tax positive.
Nbr 2 is impossible in TV until depreciation is low, and rental inflation occurs.
Nbr 1 is gold and the goal. . and can be done.
The key is 20% the rate and 80% high occupancy. .
otherwise, just expect to pay your property taxes and some utilities with the rent.
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