Providing a starter supply of items like laundry detergent, dryer sheets, and toiletries is common practice and works well for short stays.

An attorney that practices real estate is a good choice, an attorney that invests in real estate is a better choice.

It’s a common practice and I’ve never had any opposition to this provision.If you don’t have an operating company, you could get into contract in your own name and then assign it.  

Practical Tips for Managing PropertiesFinding Good Tenants: Screen thoroughly.

Hi All,First time looking into Section 8 investment property in Berwick, ME. What is the experience with this program - Pro/Cons, watch outs, etc?.  Is there $$ to be made as an investor? Thanks in advance

I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.

It’s standard practice and an essential safeguard for landlords.Trust your instincts and treat this as a non-negotiable policy.

So, we felt we had no choice but to stick with this guy.Move on to the end of June. 

Just like most things in life there are good and bad to both choices. 

For example, for a business owner; they have no practical way to 1031 exchange.