Also be cautious for you partner certain activities do require a real estate license.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Even if we have no income there any longer, we have to file so they know we have not sold our new 1031 properties, as required by the state. 

A SFH doesn’t require a 20% down payment; you’d have PMI to deal with, but as you probably know, it’s usually a manageable cost.

The Tenant texts LULA and the AI behind it troubleshoots issues, and dispatches trusted vendors for required repairs. 

He is 69 and does not want to reinvest (1031 exchange), which leaves me having to make a much larger investment on my own to meet the 1031 requirements which is more than I’m willing to do at this time.

I told her that I’d hire her at her minimum required salary and give her a small signing bonus.

We only require a soft credit check as well. 

It depends on the rental income, what you plan on putting down (20-25% is typical, 15% or 25% is required for conventional depending on # of units) For your owner occupied deal, you should be able to use a portion of the rental income to qualify and help offset your DTI a bit. 

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.