I do appreciate the earned income exclusion, but it still rubs me around tax time when all my British, Canadian, and Australian friends give me a hard time about how they pay no tax at all and only the US and Libya (slight exaggeration, but only slight) tax their citizens who live and work fulltime outside the US.

Now if they rip out new carpet and leave nothing, then you have recourse since you gave them a unit with carpet and they gave it back without carpet. of course my explanation is a little exaggerated, but hopefully my point got across. my opinion, is that whoever handles this situation with tenant should try to work with them and be amicable.

I had to call about 200 lenders (no exaggeration) to learn of 4 lenders who did this and I have some tips.

Welcome to the site @Gregory GonzalezI would Recommend spending a few hundred hours (no exaggeration) reading form posts and listening to podcasts to get a good grasp of the BASICS, if you are new to the real-estate game.  

It was super exaggeration and some of the things were not true.

My first reaction to your message is that your contractor is exaggerating the condition to make sure he still has a job, or he may be too busy with other work to want to address anything that is out of his expertise or too time consuming.

Let me use an exaggerated scenario just to make my point.Imagine 50 years ago you purchased a property for $10,000.

(exaggerating)Let them know what type of lien you are wanting to file i.e. mechanics, tax, homeowners assoc, failure to perform (specific performance), ect..Let me know what you come up with.

Not an exaggeration.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.