Block the chimney, make sure it is non functional, and include that in the lease.

If I get a returned check I require a money order or secured payment or an electronic payment after that.

Since you “placed the property in service” (e.g. made it ready and available to tenants) in 2023 you’ll report the rental property and any rental expenses paid OR income  received on your 2023 tax return. if you didn’t receive cash in bank account until 2024 for booking in 2023 you’ll report this rental income on your 2024 tax return.

Work your way up and get your mistakes out of the way.Passive and big returns very rarely go together.Stop for a second and look at your background and experience.  

Until then many landlords' hands are cuffed.HUD and DOJ's Joint Statement on Reasonable Accommodations Under The Fair Housing Act (May 17, 2004) states that a doctor or “other medical professional, a peer support group, a non-medical service agency, or a reliable third party who is in a position to know about the tenant's disability" may provide the verification of the tenant's disability.That is an exceedingly low bar.

Hi Chris,My partners and I own and self manage section 8 properties as well as non-section 8 properties.

They are giving up their rights to sue you and in return receive nothing of value.

What is your goal with your next property (and the next) - I see investors flip back and forth with holding some and flipping in the mix to gain a larger one time sum of return too.

Of course, with private lenders, you will need to give up equity or a return on the debt.Hope this helps! 

I'm getting close to 10k back on my tax return this year and thought that might be some solid capital.