Then you can depreciate the property and rent it off setting a good chunk of your income with depreciation. 

Lenders set their own terms which can be more favorable to investors with a lot of properties. 

I think we both agree that my team could have done better on the front end at setting your expectations from us on timing and availability of houses that meet your needs.  

Luckily, due to the number of items this person had at the home, we added charges for each day beyond the set closing date for them to vacate the property.

The judge asked if we had negotiated and I said I had offered him the opportunity to just leave, which he declined.Anyway, he has set aside a whole hour for the hearing, so I can only imagine what a pain it will be. 

@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.

I'd love some help additional set of eyes or insight on features and capabilities.  

I worked with the tenants to set rules such as if any violation comes up that would be grounds for cause.

It is an uphill battle to set up but I am liking it so far.

Below are some actionable steps I plan to take after identifying a market:- find a rock star agent by referral and/or calling brokerages and asking to connect with their top producing agents- find a rock star contractor by referral and/or yelp- have control over construction by setting per diems to incentivize contractor to finish the project on time, within budget, and with good quality- leverage my rock star agent's time to check up on the construction process (checks and balances)- hire independent handymen/inspectors to check up on the construction process for a flat fee (checks and balances) There's competition everywhere, you won't escape that in any market.