Set it up on a system like apartments.com that automatically collects the rent for you and find a good handyman that can help when you need it, which will not be often.

This is to protect yourself so that if a second offense occurs you can automatically move to evict should you choose to.

When I followed up and asked for a specific reason (thinking it might require an additional payment towards principle to put me under the threshold) they wrote back informing me that investment properties do not qualify for automatic termination and that PMI will remain for the life of the loan and if I want to remove it I can look into refinancing. 

It was clear to both parties, with email exchanges confirming that the end date is July 15th and that there will not be renewal of lease.However, I forgot to stop the automatic rent collection through Zillow, resulting in the tenant paying the full July rent on July 10th, which has already been transferred to my bank account.

First, I control quality, cost, speed, etc.

Lexington is pulling in tons of new jobs and has a high demand for housing due to the speed at which it is growing.

Would we be automatically classified as real estate dealers in the eyes of the IRS for this one flip?

It was clear to both parties, with email exchanges confirming that the end date is July 15th and lease won't be renewed.However, I forgot to stop the automatic rent collection through Zillow, resulting in the tenant paying the full July rent on July 10th, which has already been transferred to my bank account.

As a start up building firm, a business plan with a worst case, best case, most likely case financial scenario played out for a seven year term into the future- will probably reward you with more specific dollar amounts that you could potentially earn, then simply picking large dollar amounts and asking how do I get to these figures from this small borrowed amount I have.

., if they’re not automatically updating you.