@Basit Siddiqi is exactly right that Philadelphia / NJ has some unique reporting headaches that are often screwed up, so whoever you work with, gauge their experience working in numerous jurisdictions, or their teams access to those subject matter experts.Those in the construction world and rental world open themselves up to some substantial opportunities from a tax planning perspective, but also need to be sure they thread the needle carefully on the real estate professional rules to actually qualify for them.

I also forgot to mention that Rent To Retirement Academy members get access to biweekly group coaching calls, our private Academy group, and biweekly presentations from industry experts. 

Neither one allow full access to the entire closet i.e either half closet blocked with sliding type or part of closet blocked with bifold especially in a smaller closet.

Simple answer: If your current mortgage rate is favorable, a HELOC can provide flexible access to funds as needed for the renovation.Although, there are some different ways to get creative with your situation which I am happy to explore with you, as I am a loan officer.

Makes it easier when you want to transfer information or allow access to someone for book keeping or taxes

This means paying a little extra upfront to access comprehensive databases of potential buyers and sellers, sales skills, contracts, etc allowing you to expand your reach and efficiency significantly.

- Tenants can be unbearable with delays for access to make repairs:( Often they play games with repairs, so they don't have to pay rent.How have they been communicating?

We have several options to minimize squatters and breakins to steal mechanicals:1) Remove Mechanicals (so can't be stolen), install ArmorGuard doorjamb reinforcement to make it harder to kick in doors and use double-key deadbolts so entry thru a window still doesn't allow opening of a door for greater access.2) Install DAWGS which are metal screens that replace doors and cover windows to deter entry.

Also, you can get access for free with our partnership with BiggerPockets - https://inveloapp.com/bigger-pocketsIf you are already using GHL, then you could use Inveloto:- pull your lists using it's list builder feature- import any of your third party lists into the platform- manage your prospects, list stack, and filter for top quality prospects- market to prospects within Invelo OR integrate into GHL to push properties overLet me know if you have any questions.

I think being clear about what potential guests have access to and what they do not have access to is really important when you're listing a single room.