Hey Koren,That's pretty much what I figured as well - can't imagine a realtor (or inspector) gets too far if they're referring poor work.Our realtor suggested Call2Inspect as well so that's great to hear!

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.I just gave a list of my recommended reading to another poster, but will happily post it here again.Personally, my short list of books to explore:Set For Life by @Scott TrenchRich Dad Poor Dad by Robert KiyosakiABCs of Real Estate Investing by Ken McElroyABCs of Buying Rental Property by Ken McElroyLoopholes of Real Estate by Garrett Sutton, EsqTax-Free Wealth by Tom Wheelwright, CPAThe Power of Zero by David McKnightREIT Investing for Beginners by Lawrence SmithWhat Would the Rockefellers Do?

This can inform decisions on rental pricing and future development. 

She is President of American DataSearch. https://www.americandatasearch.com/Tenant ScreeningThis screening provides you with all the pertinent information you need to make informed decisions about your residential or commercial tenants.

I would get the story from him before making a decision.

Poor wording in the original post.I emailed the CPA and said that the advise does not seem to be correct and received the following response:"Forming an LLC alone doesn't automatically turn passive losses into active losses.

Quote from @Conrad Tillman: Quote from @Jay Hinrichs: LOL  its kind of like 50 ways to leave your lover.And its very much dependent on your jurisdiction. however I will list the stuff I have gone through the last decade or so through about 200 new builds in 4 markets.1. material price fluctuations. rarely down almost always up pretty much annually. 2. as we all know labor  scarce  and or unqualified and do poor work..

Never make bold design decisions when renting the unit.

We are for sure NOT going to have the tenant pay the previous owners directly, but instead pay us and we will make our decision from there.Thanks!

Anything else is in poor taste in my opinion.