Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

Additionally, regarding the legal structure, an LLC seems to be the most suitable option for our situation.

In addition we do not accept any applications for longer move in than the remainder of the current month and the next month (so if tenant is unable to move in by march 1, they cannot apply until feb 1 as we are unwilling to go longer than that without rent and will hold another open house).S8 needs to streamline their process if they want to increase their housing options.Best wishes

For a rule of thumb, replacing a commercial boiler can range anywhere from $20k to $150k, depending on the size, age, and efficiency.

The 50% is rather deep a cut, especially with all the additional operational expenses not included into that 50%.

Incorporating a washer-dryer hookup in the main house could be advantageous.This addition not only increases the convenience for potential renters but also adds value to the property itself.

Additionally, some syndicators are mostly in the middle-person role of sorts; partnering with others who do the primary LOI/PSA/operation roles.

The only additional thing we do is send them to collections.

With a single company and one point of contact, we deliver unparalleled efficiency and synergy, making the experience seamless and hassle-free.

If things work out, we'd like to have at least 1 additional property before the end of the year and have 8 in 8 years.