Plus, you want your lease agreement to fit your business model, help you to reduce costs, provide for compensation from the tenant for administrative burdens imposed on you by tenant acts or omissions, provide for procedures tenant need to take for maintenance and other tenancy issues, etc.

Hi everyone,I'm seeking guidance on the procedure for converting a single-family home into a duplex in the City of Miami.

.- Create Standard Operating Procedures (w/video) for every repetitive task on the admin, sales, and marketing sides of the business.

Will I emerge victorious from this real estate labyrinth, or will I be forever lost in the sea of "what ifs"?

I've also learned not to respond to tenant's calls and texts immediately--especially if it's in the evening--unless it's a true emergency.

It’s good to have some savings for emergencies, and you should look into different chances to grow your money.

Handling Maintenance requests and emergencies, Handling tenant disputes, Ensuring the tenants are properly insured (if you require them to), Marketing the property, Screening applicants, Handling the security deposit return, and a whole lot more. 

Will they provide the systems, procedures, tax direction, making payments, insurance coverage, contracts, dealing with upset sellers and on and on? 

Alternatively, if something were to arise in our life (emergency or otherwise) while this money was tied up in an investment, we're left with few good options. 2) Time is not something I have much of.

Reverse exchanges are complicated, expensive transactions that have not had specific procedures fully approved by the IRS.