Just like my cell phone bill.

I recently signed a tenant on a month to month lease whom informed me that he will be changing his cell phone number hours after signing the lease with me.

I walk through with my cell phone on a note app like Evernote and write down everything that I seen that I'm pretty sure was not pre-existing (side note: I always walk around everything twice before discussing anything with the tenant, you'll be surprised how much more you see the second time around). 

Cell service can be spotty also. 

If you, or someone you know, have anything that fits this criteria, please contact me directly at...Jason StackhouseStack Investments, LLC484-467-6288 (cell)[email protected]

In my eyes that's nearly 10%.So instead of cash flowing a comfy $500 I'd cashflow maybe 100, too risky for my blood.  

I am in a situation where I have a seller, who owns the property outright, is in his 60's and is semi-retired (works to keep the blood flowing).  

Again, talk with your accountant (maybe a lawyer too) but...One of the biggest challenges I think a lot of 'full time conversion' REIers face is 'how to pay myself in a way that isn't self-employment' ... it becomes a huge deal when you're doing silly little things like, say, getting a cell phone, or a car loan, or a mortgage, or lines of credit... or a credit card...This is where it pays to spend the time and money to set up your LLC/C-Corp/S-Corp correctly so that you can pay yourself on a W2 or through an S-Corp and not have the problems/taxes associated with a 1099.

How to prepare and pull the trigger for the "blood in the streets" Cycle?

I have a google voice number I can use, but since I'll be collaborating with other businesses such as wholesalers and other contacts through the REIA I felt perhaps my cell is more appropriate for that.Thanks for any feedback.Matt