Keep a Paper TrailAlways document everything-from payments to maintenance requests.

Having all your financials, documentation, and pre-approvals in place allows you to act quickly when an opportunity arises.

When someone writes a contract and a section is ambiguous of unenforceable because that section is improper, I believe that section legally is supposed to be interpreted in favor of the party that did not write the document (the tenant).So, if I am correct, that document may not be doing you any good to you at all because of that.

They gave me a great rate and the only document they ever requested was a copy of my lastest paystub.

Unlimited e-sign (I use it for my lease documents) and faster payments.

I am leery of signing up for DocuSign considering they limit the documents on a per-month basis and I don't know how many individuals may express interest...

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

So as you stated, you can use prior year suspended losses to offset your current year capital gains.Yes, you can cost segregate current year properties to offset your current year W2 income as well.If you spouse correctly follows, documents, and qualifies for REPS, then you won't have an issue even if you are a high income W2.

It's crucial to understand and follow local laws regarding deposits, documentation, and timelines.A local property manager I knew had a lot of questionable and shady practices, but the one that ultimately led to his downfall was poorly documented and unjustified security deposit reconciliations.

One or two gurus spend on average of a documented $100,000 a month in employee costs, taxes, office space, marketing and bonuses.