Alan CeshkerAs most regular posters know, I’ve done many sub tos, wraps, etc. both on the buy side and the sell side, but mostly concerning commercial, not residential property.Here are some of my thoughts….1.

(Minus the small percent of the payments they’ve made that’s been considered capital gains.)My understanding is the 60 payments they make will be split up in to interest (regular taxes), capital gains (15% usually), and principle pay down (non-taxable.).

Moving is expensive and regular, incremental rent increases at lease renewal are expected and necessary to keep up with your operating costs. 

Excel tells me how much all of the regular things are (mortgage, insurance, etc), but the notebook is where I track everything for taxes and what I grab when I do my taxes (along with a file with all the receipts and copies of bills). 

There is probably no regular trash pick up or it is by a local guy with a truck3.)

The worst case you would have to spend couple hundred or thousand extra over a regular move out rehab to clean up the extra stuff etc.

However, I used https://www.wyomingagents.com/If you decide to do it individually, I will first ensure you know enough about registered agents and how to nest your entity to keep your identity anonymous. 

Listen to podcasts, watch YouTube videos, find others in similar boat and meet regularly online to discuss. 

The dilemma i have is that I can’t decide if it makes more sense to embrace the c class identity this property gives the impression of, or put a lot more into the renovation, get better quality tenants and convert it to the B class property that the building (and the area) should/could be. 90% occupied, the yearly rental income is around 600k with 420k NOI. 

It is a townhouse and the adjacent property (that previously had an identical interior layout and size) has gone through a renovation to expand the kitchen by approximately 100 sqft, and add a second bathroom.This adjacent property is currently renting for $300-400 more than what I believe I can rent my property for.