There is a designer sofa bed in the living room with a queen bed with a comfortable mattress in it and it was pretty expensive.

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In Illinois, my preference is to use land trusts with a separate LLC designated as the beneficiary.

Thanks for any help in advance.That problem probably is a carry over from the user before you that used it until it got the spam designation and then they dropped the number.

My wife is on board with real estate investing in the sense, that she's okay if I do it, but she does not want to be an active participant (other than help with the paint colors and design)--it works for us. 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

It has worked out that way when the seller has allowed me to design and rehab. 

Trying to get a split level (not a lot of sqft) on the market in the next three weeks and trying to decide on whether to open the wall between the dining and living room for a feel of openness or leave it as I have heard from two interior designers that the open concept is on the way out as we are more at home and liking our separate areas in the home.Pragmatically speaking the opening of the wall will be mostly a time drain with it being a load bearing wall and having to support the ceiling while rebuilding and all the drywalling necessary.

Each does really well in it's category, but I also made a point to set them up with a good design, the right amenities, etc. 

Purchase price: $55,000 Cash invested: $440,000 Currently under construction and pre-leased for $6,195/month, this 7-bedroom, 5-bathroom student rental in Clemson, SC, was built using investor cash and designed for high-end student living.