You could also try looking up money judgements filed against local businesses at the magistrate level and target them with direct mail or driving for dollars. 

If you are just looking for principal protection assets you can do a lot better than empty houses, if that's what you are doing. 

If not, the only requirement may be filing plans with the dept of buildings.One of our contractors does the bulk of his work on contracts with NYC.Mainly work related to bathrooms & tiles/flooring, I will shoot you a PM if I can get any information on this.All the best!

If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.

You could overwhelm your tax assessor with love by simply filing an appeal every year.

At this point, I'm planning on contacting the county and the auditor, but before I do this, I wanted to find out if anyone on here has had a similar experience in Cincinnati and if they've found any success in appealing property taxes.With gratitude,Trevor Sorry I missed your post earlier.Petitions for revaluation are filed only between 1/1 and 3/31 each year.

However, we've never actually filed a claim, so take this with a grain of salt. 

I agree, its easy to say oh I want cash flow, but ultimately, most of the gains are made with appreciation and principal paydown over long periods of time. 

For example if you sold on year 1 on a 5 year prepayment penalty, the lender would hit you with 5% of the principal balance. 

A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!