But be prepared because you are probably dealing with a professional tenant.

You better be prepared to handle the management though..

This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.

Let me know if you plan to make it so I can let the owner know and he can make sure they are properly prepared.

I've seen folks charge as high as $5,000 to $10,000 for tax planning and tax preparation, But i also know high quality folks that have fees are around $1,200 to 2k.

House hacking is a fantastic way to start, but preparation is key.

It is a lot of work to build property (more than fix and flip) so prepare to be busy.  

Also, if it's Lennar, be prepared for problems, insulation issues and therefore paper thin walls. 

Now investors, especially the newbies, are chasing returns by going after higher risk investments - many NOT really understanding the true risks.Many more investors will be losing money and choosing to liquidate real estate - which will be buying opportunities for the better prepared investors.

I have been exploring viable options as well as doing my due diligence, reading, and research to come into a deal as prepared as possible.