These safe harbor rules contain capital account bookkeeping guidelines that establish uniform procedures for recording the economic (not tax) results of partnership operations.

@Ramzi Nuseibeh and @Michael Seeker - compliance with KRS 383.580, actually 383.505 thru 383.705, is only required if your city or county has adopted the Uniform Residential Landlord and Tenant Act.

Idk if this might sound like a dumb question but I felt for a second like mines is already looking better than the other duplexes and the all this lawn work I’ve been doing will be somewhat out of uniform and I just wasn’t sure if that might’ve been an over improvement type thing... please share your thoughts.

Scummy people are scummy people - it doesn't matter if they put on a uniform to go to work.

1) Have clear Goals with access to capital 2) Perform daily Rituals that support the Goals 3) Uniform Branding 4) Marketing Plan (which I call a Massive Action Plan) 5) Conduct Daily Outreach 6) Due Diligence systems (either self-taught or through formal training) 7) Vetted Team in place (all the vendors and partners needed) 8) Workout systems (either self-taught or through formal training) 9) Living Forms Library (you need this to Note Invest at a high level) 10) Discipline to maintain the processes and treat Note Investing like a Business Please feel free to add to the list...

Almost daily I see properties posted in the BP Marketplace and many other REI platforms with terrible deals and a ton of people asking for additional information or expressing interest to buy, and when you look at the profile of the interested party, it's a new investor trying to accumulate doors quickly regardless of how bad the deal is.I don't blame the scammer alone, I also blame the scammed for investing while uniformed.

My end goal is to have all the units "standard" for ease of repair/replace and quickly turning over a unit.Do you guys have plans on remodels as far as being uniform?

The General consensus of the planning committee was that they do not like spot zoning and would prefer to have neighborhoods more uniform instead of allowing special review on a wrongfully zoned lot.

It could take 10 years for the entire complex of 120 4plexs to be uniform.

BTW, there is no way to settle this 'once and for all' because there is no uniform investor out there.