I scoured craigslist, the web and facebook for people to do very specific tasks.

You might want to check out the Detroit Land Bank Authority, which sells rundown properties at super low prices—as long as you commit to renovating them.

That can be excess income from your W2 job, or it can be a business you run on the side.

Google your "county" housing authority.

She sent me a letter from Commercial Property Advisors, Peter Harris, which stated she had approval for funds sufficient to cover the purchase price and below it listed a Wells Fargo business account showing funds in excess of the purchase price.

Have you called the housing authority that covers this property to confirm the max rent based on the # of beds?

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

The tenant can lose their housing voucher so inform them that you are speaking with the Housing Authoring because they have violated the lease agreement by blasting music all night.

Go to the authors' Linked In profiles and see what real experience they have.

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.