If these have been great tenants with zero payment issues for over a year I typically give them a one time "get out of jail" card for a single late payment....one time only.

The use of actual cost records in this approach contributes to the overall accuracy of cost allocations, although issues may still arise as to the proper classification of specific assets.

Thank youGustavoYour first mistake was setting this up before getting the proper cross border tax advice.

As an example, could the coffee shop offer them a discount (that you would pay or not) by showing some kind of card?

You probably don't need a partner on your first buy if you play your cards right. 

I, like many others, was VERY skeptical about buying a franchise until I had completed the proper due diligence.I'm very happy with my decision to buy a franchise.

(Everything says "Self-Reported")However, I see that within last 1 month they have applied for more then 7 credit cards.

@Hilda Cervantes PMC and agent are all you really need.They can both find handymen for repairs, just make sure they are properly licensed and insured.

In order to properly assess, we would need more information.

Most deals are at 0 or negative cashflow if your paying a manager and properly accounting for cap/ex.