Hey Travis, can we set up some time to chat?

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

For example, if I have an LLC for my own property management company and would like to work under a brokerage is there any reason my LLC couldn’t be set up as a subsidiary under the brokerage and then break off in a few years. 

Your $400 set up fee seems low for all you've listed. 

Hello, I have rented out a Single family home on Jan 1st 2024, tenant was brought in by an agent and setup lease as well.The tenant profile was not so great, but it was empty for more than 3 months and I reluctantly rented it out.Since then, tenant was paying rent, but on 5th of every month after couple of followups.Last month they pushed it to 15th asking they were hit by sickness, family emergencies and BS, I said its only one time pass and they paid it on 15th.Now August 1st is upcoming, they are requesting for a call setup to chat, not sure whats that abt, but I presume to buy time.BF and GF signed the lease, it appears things not working out well between them, only lady is  answering emails/chats/calls.

Upon closing, we will have 45 days to identify 3 replacement properties and then 180 days to close on one of those 3.This seems like a concerning setup.

I called WF and they said for business account I need a registered business like LLC etc which I do not have.I would go a step further and set up 1 Bank account for each property, this way at the end of the year you can go through each properties bank accounts to see what the income and expenses were. 

Paying off loans or saving up for an investment property are great ways to set up for the future.

@Pedro C.It depends on the value of the property but for the typical basic property it’d be something like say $2,000 set-up fee and say $550 yearly maintenance fee.

If you sue for more than that, you have to hire an attorney and would likely end up paying the attorney more that you collected no matter who you sue.With small claims it is set up for you to go mano a mano with the people that owe you money.