They have since moved on to a new manager that is in close communication with me to get the repairs done and SDIRA is even offering to pay me the missing rent for December that the evicted tenant never paid.

Here are 3 practical strategies that might help you take your investment business to the next level.1.

Determine your maximum allowable offer (MAO) based on your investment criteria.

Over the years, I’ve learned a ton, and now I’m applying that experience to my Real Estate practice.

It is standard practice and component level depreciation is encouraged by the IRS.Though it is very important to track you time as you go along.

Sometimes I think, well maybe that newby is an expert at draining swamps....or they have a helicopter to reach the landlocked property and want to practice aerial concrete and building material transport.There was a guy on here the other day, challenging me that he could not possibly go look at all the "deals" he was going to buy in Florida for 10c on the $1. 

Quote from @James Hampton: That's a bad practice to follow.If an occupant is not named on the lease, you may have difficulty enforcing rules or evicting them.

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

How do you really hold yourself or others accountable in practice?

You may not need these, but it's a good practice anyway.