Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

I do have one question - I have a partner and we are looking into getting a properly together.

Make sure to include proper disclaimers. 

AirBNB is primarily known for short term vacation rentals but your minimum stay can be set to 30 days to ensure you are getting MTR tenants.

Most inspectors will know that properties only need to meet whatever the code was when they were built, not current code and they usually explain that properly IME.

Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

Therefore, I prioritize pre-screening applicants to ensure they meet the qualifications before arranging a showing. 

Any advice or direction on how to go about this in Wisconsin would be greatly appreciated.Before you do that, ensure the home will make a good RAL property.

I'd rather be safe about it and ensure cash flow from day one.

By staying true to honesty and integrity, we can ensure that private money lending remains a powerful and reliable resource for real estate investors.