<prompt> Human: So about a year ago, I got a new job. With the new salary, I started a rent-to-own deal with a foreclosed home. I have about 2 more years before the house is paid for. Thing is, I want to rent out the house once its paid for to maybe get a few other rental houses. I feel like I have a good idea, but I know absolutely nothing about taxes or actually owning property. Im just looking for your opinion on how Im doing and where I can safely go from here. Thanks.Edit: I suppose I wasnt clear enough. The deal is secure, I only owe about 25,000 before its paid for. I have no debt, and a small savings. Thank you for your answers. I went out last night and couldnt read them until just now.  <response>: ITT: OPs worst nightmares scenarios 