The scope and frequency of the testing must be commensurate with the risks posed.

Hey @Todd Plambeck - Check your notification settings: https://www.biggerpockets.com/settings/notificatio...It should have a frequency there.  

Type of Properties: Focus Area: Frequency: I'm Looking For:Why you should contact me: 

And my lease has language on the frequency and days of the week when showings can occur.

As far as frequency of communication, I would say at least 2-3 times a year to discuss any changes, such as an acquisition, and any year-end strategies based on how our financials are trending.

And most critically, we've had to explain the sizable amounts of money we've spent overseas and on travel expenses - as our first daughter is from Colombia, and our other two are from a country bordering Turkey and Iran.So yes: we've traveled extensively to countries with colorful histories, and have large transactions of cash in and out with some degree of frequency - we're the perfect borrowers :-)

I do most of it myself and enjoy the activity but the frequency and timing of the calls making it a problem.Some of the Tenants make a pet rock look smart and call and complain about everything.Others never call and handle minor issues themselves.I'd like to get a handyman to handle the calls but to have even a low priced Handyman go to the property, check out the problem, resolve the issue with 5 minutes of work and use no materials, because the tenants are pre-Madonna's or are too lazy or stupid.  

I am a licensed developer in Oregon I am the principal in all that I do here.IN other states I build in I am the principal but its not necessary to be a licensed developer Oregon is unique in that law.. and of course in Oregon that law is broken with the same frequency as those that wholesale without a license in states it not permissible to do that.

Fee structure and operational complexity really depends on the size of the project (# of tenants), complexity of leases (expense reimbursements.e tc) and  needs of ownership (REIT accounting requirements, frequency of reporting, leasing?

Firstly, the IRS will examine the frequency of the transactions - how many flipping transactions are done in a year.