As a company, the first two years when making a profit the company tax is 15% and from the third year onwards this becomes 25%. 

Flip side, for a third of that you are trained to find properties using creative finance taking over existing low interest loans that cash flow and you are buying in decent neighborhoods with every day lunch box Joes that have kids and go to work and pay rent on time. 

I am considering buying the property in cash then hiring Servpro to fix the cigarette damage.

Simply fire them and hire someone else.

At least a third of them are Class D.DM us if you'd like more info on which Metro Detroit Cities & Neighborhoods are what Class:)

💪🏻 That lesson:DO NOT WIRE FUNDS UNTIL THERE IS A FULLY EXECUTED AGREEMENT BETWEEN PARTIES THAT CONFIRMING THERE IS AN ENFORCEABLE CONTRACT.

It can make leasing a bit harder since you will have more vacancy when those come do but it will all be in peak season.With respect to the hiring decision, you would need to hire someone to replace you (perform the same functions you currently perform) so that you continue to work up the ladder (spending more time on higher value tasks).  

Quote from @Sean Allen Fenn: We hired them for our holding company.

A few years ago, I hired Dalinghaus Construction to lift the foundation on a two story building that was built in 1925. 

She could hire a full service PM and net $1,840/mo.