Dings and dongs in metal - bondo and more paint.  

I was dong a lot of owner financing but with Dodd Frank I need to reevaluate. 

How long should we wait before we start "ding-donging" the selling agent?

Now is not the time to be dong high end homes. 

They first do regular inspections and by dong so do immediate repairs and charge tenants for damage as well as keep the units up to standard while tenants are in place.

My findings @Dong Yan : You are either super busy and hopefully making a lot of money in your main activity to pay the premium to one of these GCs to get the job done from A to Z, or play the GC yourself and get your hands dirty by becoming the project manager and the coordinator, and get the permits and draw the plans etc, and then hire the plumber, the electrician, the tile guys, individually so that you keep the costs low.I went the 2nd route in my project that I love, but since this is NOT my job, it took me more time than it should.

@Kevin Dong Thanks for the honest feedback.

In our situation, if we are dong draws, we hold the draw money and work directly with the borrower for payments throughout the loan.

The property might not be considered a rental property(allowing you to deduct on your return) if you are charging below market rent.Third - You are able to take deductions on your tax return relating to your rental business with or without an entity.Fourth - you may want to look to dong a cash-out refinance if you need capital to acquire properties.

If you love Korean food, Dong Yang Inn totally rocks!