The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

You may see electrical outlets that do not work, extension cords running across the home, wires hanging from ceiling electrical outlets, and other obviously “amateur-style” repair jobs—all of which are red flags.Pro tip: Remember that it is often wise to hire a professional electrician when dealing with repairs.7.

Or would we have to write that house into the new LLC?

If looking to only do it for yourself no need to pay out big splits or have desk fees, instead there are a few flat fee per a transaction with no monthly fee style brokerages.

I've been looking at foreclosure auctions.  1) If I wanted to use my HELOC to bid on a property and with my LLC in mind, I'm leaning to having to fund my LLC using the HELOC, with my bid price in mind (plus other costs) and then bidding on a property and if successful, write a check from my business account. 

.: A couple of post above it appears somebody used AI to write a book. 📖  Yeah, but if so, then it was a damn good prompt :-)

You can write off a portion of your mortgage interest, depreciation, and even some repair costs.

This could have three fold impact ---> allow for writing off paper losses against W2 income, increase the property value by increasing monthly rent, and all the normal cash flow benefits for RE...right?

But for us in the transactional business we need write ons  not write offs.