Also, as another member pointed out, always put a maintenance spending limit per month per property in writing Anything above that should require owner approval before proceeding, unless it is an emergency type of repair such as repairing a burst pipe indoors or removing a fallen tree limb from an upstairs window. 

This includes understanding fair housing laws, eviction procedures, and rental agreements.4.

100% Seller Financed deal with a flexible balloon option if the seller were to need the funds in case of emergency.

This is DR Horton SFH, and is a newly built single story 4 bed, 2 bath that is surrounded by expensive MI homes. 3) Move into the townhome. 4) Use my $130,000 HELOC as an emergency if rent defaults do happen and save for a year until I reach my emergency fund goal of $41,000? 

Multiple studies show that these families typically have no ability to cover a $400 emergency.

The client needs to be attentive, and meet the tax pro half-way on availability and willingness to communicate.Also, there are no accounting emergencies.

During this whole time I mucked around in tiny crawl spaces with mouse crap and snakes, cleaned sewage off of myself more than once, made at least two emergency room visits (one for drilling a hole straight through my hand installing cabinet knobs), sweated my *** off in attics in the summer.

If your are cash flow positive, you can weather long term through emergencies and other problems that could arise while you wait. 

You can create Standard Operating Procedures for the VA to follow.

Sorry for the late reply guys My grandmother took a nasty slip last week and I had to take an emergency flight back to GA.