Hi All,I'm starting to look into smaller apartment buildings (6-12 units) and wondering if there are any well-known and well-respected wholesalers that I should be connecting with. 

I use two different PM companies in two different cities and they each send the deposits electronically on the 5th and 7th of the month respectively.

Just respectfully curious.

By far, the people that stay in our extra rooms are more courteous, respectful and leave the place in better condition.

@Edward Howell, V if the repair numbers you say are correct that is a respectable deal based on the cash flow and rent to price ratio.

Hello everyone,My husband and I just bought our first rental house in Beloit Wisconsin, and are in the process of finalizing our Tenant Application.I was wondering how to go about disqualifying applicants in a respectful, legal way (i.e one of our requirements is to have no evictions filed upon the prospective tenant).Any advice would be greatly appreciated!  

If the partners agree to specially allocate one item (for example, capital gains) 80/20 for economic purposes per SEE safe harbor, the corresponding tax amounts must also be allocated 80/20.However, IRS has a framework that can reallocate the partnership items based on the “ partner's interest in the partnership” if IRS determines the method of sharing the partnership items lacks the “Substantial Economic effect” (SEE) To meet the SEE, there are strict rules to maintain meaningful capital accounts including Deficit Makeup Requirement for those accounts.With the requirement, the partner must at some point contribute sufficient capital to eliminate the deficit, and the partner has the burden of the loss that partnership has and the allocation of the partnership will be respected by the IRS.This is a very high-level summary of the rules and is not comprehensive. there are many exceptions as well.Since the substantial economic effect, safe harbor allocation rules are complex and requires considerable additional recordkeeping, it's easier to follow PIP standard. 

This will be a good way to start a respectable relationship with you tenant. 

She was my first connection to buying outside a retail setting, and she treated me with respect and dignity.

We have considered at length the multitude of options with respect to cashing out vs partnering.