https://app.tango.us/app/workflow/BiggerPockets-free-Short-T...The only way to truly stay up to date on your local rules is to pay attention to your local county/city council meetings and how you can participate.

That will increase your material costs for the job and is the contractor paying for the material in their bid or are you paying for it and paying them a labor cost.

They didnt pay said task rabbit guy.

Demand is very high, both for rentals as well as for sale and this is probably not going to change.

You will be paying 6-10% for just having them collect rent. 

My portfolio is not that large and it irked me to pay a bookkeeper so much and still have to do a lot of the work.

You pay on those gains. 2.

The only purpose of the account would be to collect payments and pay bills like taxes and insurance on assets held by the LLC.

Because, for instance, if I am flipping a couple of properties and I am in the middle of the rehab, but it will take a couple of months for them to get finished and sold, I may be paying $4000 on hard money debt payments per month, and if that debt is included in whether or not I will qualify for a refinance, then I may not qualify.

It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation.