One other final end of year detail is getting ready to send 1099 to any non-incorporated vendor who did over $600 of work in 2021.

With the addition of new, highly competent management we plan to execute a business plan of renovating units, incorporating multiple capex projects and bringing our units from some of the lowest rents in the area to the middle of the pack.

With the addition of new, highly competent management we plan to execute a biz plan of renovating units, incorporating multiple capex projects and bringing our units from some of the lowest rents in the area to the middle of the pack.

Mentioned, you'll have to list your physical address on the docs if you are the registered agent.I would also +1 on creating an operating agreement and also create articles of incorporation which will be on file with the state.

You don't need to do this if the business is incorporated or you pay by credit card. 

Thank you for the advice, I shall try to incorporate it :)

I would like the next 2 units to be a BRRRR strategy, but I am open to whatever opportunity arises.Beyond 2020, I would like to incorporate the STACK methodology and begin to double down on the number of acquired units each year until I have reached over 30 units, at which point, it may be time to move into even larger MF.

A little bit of background: I work in corporate finance and have done that for multiple years; successfully managing receivables and budgets for large international companies.

We used a $19 Harbor Freight oscillating tool with metal blades & went through at least 4-5 of those spec'd for ceramic tile. 

For agents, we have to play to our strengths while incorporating new and creative ways to help our clients and customers.