You'll have 24/7 access to the house (you'll be lining in it) and you can see how others are treating your property.

At some point you just have to stand your ground, and I firmly believe that we have treated her beyond fairly and the deductions from her deposit are justified and supported.  

And makes sense after reading your response that active investment (as I was contemplating) would be treated differently from a tax perspective.. 

I happen to take great care to ensure my tenants are treated fairly but I suppose there may always be a bad apple looking to bring you down.

An LLC here is treated as a Corp there and you are double taxed.

Hey BP community, newish investor in Spokane WA, looking to expand my portfolio, I have 2 long term rentals now and I’ve decided to stop viewing it as a HOBBY and treat it like a business.

So i would have to treat the new property the same ratio 50% residence and 50% Rental investment as I did with the one I sold?

Hi @Kathleen Maloney - I would treat it like any other deal that was all cash.

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

We decided it was worth requiring a security deposit in the hopes that tenants would think twice before treating our furnishings that way.The law is not all that difficult to follow.