I ALWAYS reevaluate rents upon move-out - - time to take a litmus test on FMV.Should I squeeze every nickle of cash-flow or be happy with low-to-nill vacancies?

Also learn to do stress test on your portfolio if something happens (higher interest rate, vacancy, etc).5- Enjoy: You need to love doing that.

I have a 6 month lease and would like to take the jump and test the waters with the medium term rental.  

. $800 a year in franchise tax fees is my no means sufficient to buy liability protection from a determined litigant.4) Would you hire an environmental testing company to test the land (to which you have no legal access - but I doubt the dead guy would call the cops on you) once the foreclosure process has progressed well enough, but before it's conclusion, so that you tell the lawyer to stop foreclosure in case some major contamination is discovered?

My favorite is, "Do you have a radon test for me?

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

So for us if we can pay it back in 2 years or less, we will write off that interest and have it paid back in that period and look for the next deal. we find that if it doesnt pass our heloc test it wont pass  our SDIRA test...

I'm not aware of it ever being tested in court. 

I have contemporaneous logs of our time and believe we've met the 500 hour test in 2022.

You also want to hear how they recommend stress-testing deals and their recommended buying criteria; being pushed into a bad deal can cost you a lot of money and grief.