At this point everything is on auto pilot and someone could buy the property from me and just collect the rents.So, as an example that I'm making up for simple math: If the property is worth $700,000 and it's been consistently bringing in $50,000/yr in net revenue, could I sell the property as a business for more than the property is worth (eg $850,000)?

After a tenant has been evicted in Washington County, MD, and there is still an outstanding balance even after applying the tenant’s security deposit, are my only options for collection limited to small claims court and utilizing a collection agency?

Since Indiana property taxes are collected in arrears, you already owe for a full year's increase BEFORE you see the increase and can inform your tenants.If my cash flow position was strong enough to suffer a tenant possibly leaving, I'd pass on the full increase ASAP. 

It will impact your life more than any amount of rent you can collect.

Question 5: At what point do I need to collect the proof of funds, earnest money deposit and purchase contract from the end buyer?

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

Here is the answer that i got:"We collect predominately listing (asking) rents although we do have some actual rental data in the system. 

Execute the plan, build the units, get the long term financing that covers the extra builds, collect more rent and lastly, increase your net worth substantially. 

You could use some of the rent collected in the duplex to increase your income basis.

Other people like in BP just want to collect rent and do FIRE when they're 31 LOLif not because of high tech military industry including aerospace/naval industry, high tech industry and dominating US dollar, USA almost has no competitive edge anymore in the world except these three things....