If you're running a fix & flip business, you'll eventually want to learn how to estimate repairs and independently prepare a scope of work.

While they often require some level of repair or renovation, the potential for significant returns makes them an attractive option for many investors.Why Invest in Distressed Properties in Phoenix?

NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. 

Document all your efforts, including repair invoices and communications, to show you’re acting in good faith as a landlord.

I have a mixed bag of renters: some use no assistance, some are section 8 and some are non section 8 but have used some housing program assistance (such as deposit + 1st month of rent).

Our job is to provide you assistance. 

Or if we'll have to find someone else to assist us.

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

What about the utilities, property taxes, maintenance and repairs, capex, etc. are any of those optional for you?

And if it had flooded it would be more than $5,000 for the repairs.