For context, this would be for a property I already own.I understand this may be a bit unconventional and people will likely recommend I get a proper quote and have the contractor do a full walkthrough.

It's properly leveraging (not over leveraging) the asset that pays off.  

Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying. 

I’m a newer property manager and trying to wrap my head around how to bill back expenses properly each month.

our first baby is officially on the market and i have mix emotions but more happy because im excited for the next chapter !

All help is appreciated and I feel really bad because my other tenants go to work and have children that go to school and they are not able to sleep properly because of the loud music. 

The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).

so I can officially know about the dog, licenses, shots, etc.Thanks.

Quote from @Kristin Vegas: @Drew Sygit at this moment i have a vacant house and march will be 3 month vacant, i was told by my management guy that there were few applications and that he was going to check it but i still don't receive his response from it, today i called him to ask him about it and he said that he was gonna check them today but still no answer. 2 weeks ago he sent two applications but those were declined becasue the tenants didn't feet the criteria. i called his helper and she said that he was encharged of it but he seems to be all over the place, somethimes i think that he is just not taking the time withy properly. i'm new in this so any tip i appreciate 🙏 Another reason to start looking for a new PMC!

Maybe they didn't have proper permits?