Just prepare the lease for them to sign but I suggest you include a paragraph apprising them of the redemption period and that they will not hold you responsible if redeemed and evicted. 

When I prepare my tax returns (as a tax professional) I don't charge myself for them and then report the income.

Either way, I'd love to connect and hear about what you're finding as you prepare to do your first deal!

She can successfully rent her home and make the most of her time away with some preparation.

Prepare a feast with loved ones in the well stocked kitchen but most importantly, make lasting memories in this lovely home.

They try to save $250 on an attorney by preparing their own deed9.

The easiest way is to Be prepared to lose the money you put in to the deal, and screw over the seller’s credit, or pay off the loan in full.

Some years ago, the IRS compliance chief speaking at a CPA conference told us explicitly: we will impose preparer penalties if you guys take an incorrect position based on OUR incorrect publications, because you should know better. 

I've been a licensed real estate broker in the past, have taken the appraisal courses, but didn't take the test, and now a licensed contractor and plumber, and soon to be electrician and hvac.

., so make sure you're familiar with those to avoid any issues.It sounds like you're on the right path, and with the proper guidance, you'll be well-prepared to make your first purchase.