If there are lease violations, mention them-you not having a key to access the unit WITH proper notice or in case of emergency is one of them.I'd also tell the tenant that they are clearly not happy there, so finding a new place is in their best interest as well and as they have several months, they should have lots of options.

Do a bit of digging, and you can find single-families in suburbs like Decatur or Meridianville that appreciate at rates above the statewide and nationwide average and hit the 1% rule at the same time.One caveat, though, is that most rentals in Huntsville proper probably aren’t going to deliver the cash flow you’re looking for.

@Jordan Miller - I think to give proper guidance it would be good to share more details on the revenues and expenses on the property.

Your emphasis on proper property management is a key takeaway, and I’m committed to educating myself in areas like tenant screening, lease enforcement, and proactive problem-solving.

Yes it's a huge problem.You should fix this correctly now.Open the walls and put in proper sound reducing insulation.

Like Matthew said just properly screen tenants.

•Adjusting bookkeeping records to align with Generally Accepted Accounting Principles (GAAP)•Analyzing financial performance and advising on business decisions•Preparing and filing tax returns (if properly trained)Credentials:•Typically hold a degree in accounting or finance•Some may have certifications like Certified Management Accountant (CMA) or Enrolled Agent (EA)Caveats:While accountants can generate financial reports and file tax returns, they cannot represent clients before the IRS.

I suggest consulting with a real estate attorney to ensure proper structuring of the LLC/land trust and review the tax and insurance implications.

As mentioned mold needs moisture and the best way to get rid of moisture is proper air ventilation.

A CPA can ensure proper filing of rental income on Schedule E and help identify tax-saving strategies, such as optimizing deductions for maintenance, repairs, and travel.