When structured properly it can come with a property tax deduction and sometimes deferral DM me if you’re still looking for assistance with land trust formations  

. $1,520.00•Demo about 12” of walls and rip out entire shower pan and step •Install cement board on exposed wall •Apply RedGuard and Waterproof membrane to shower pan and up the exposed walls •Install new drain adapter in shower floor •Install new tiles provided by client Optional (just in case fixing shower pan does not fix the water leak) rebuild shower. costs extra $5100•Demo shower • New plumbing for a new fixture •Install cement board on exposed wall •Apply RedGuard and Waterproof membrane to shower pan and up the exposed walls •Install new drain adapter in shower floor •Install new tiles provided by client •Client provides plumbing fixture

It was worth every penny because now I’m properly organized and it significantly cut down the amount of time it took my accountant to prepare my taxes.

If you're co-mingling your finances, you will have negated any liability protection a proper corporate entity structure could provide.

You have to confirm there are no pending assessments and lawsuits against the HOA before buying and an assessment usually comes for roads, roofs, windows, decks, and stairs that were not done properly or have a safety issue.

I was a carpenter installing floors, never was satisfied knowing overtime was really the only way I could earn more. 

Got proper permits, re-did all the work, and and was still able to sell the property for a profit. 

Maybe installing a grab bar in a shower for an elderly tenant who needs it to safely enter/exit the shower.

I want to keep the tenant happy and the property properly maintained.

Proper screening could have prevented this.