Banks are regularly visited by federal auditors and work hard to keep in compliance with properly handling transactions.

Conduct regular inspections and communicate clearly about the rules and expectations.Handling this situation firmly but fairly can help maintain the integrity of your rental property and ensure a safe and healthy environment for all tenants.

@Matt SmithTampa costs a lot for house hacking with a regular job.

Renos (not repairs) are clearly above and beyond and not regular PM duties.

While there are project housing apartments that are not in good areas, sec 8 tenants were able to rent anywhere and with our rapid expanding and relatively cheap housing; they were renting in regular middle of the road blue collar neighborhoods.

You'll find more people on regular long-term rental sites than you would on anything designed for MTR, which is not even a term people are familiar with.If you are renting longer than 30 days, you should screen, collect a security deposit, use a written lease agreement, and follow the landlord-tenant laws for long-term rentals.

In this scenario, you are lending money to yourself as an individual, it allows you to make regular mortgage payments to yourself rather than paying the P+I to a bank or other lender.The first step is to qualify for a Non-Arm’s Length Mortgage with a financial institution. 

For purposes of this paragraph (e)(3), an activity involving the use of tangible property is not a rental activity for a taxable year if for such taxable year -(A) The average period of customer use for such property is seven days or less;

and to understand how they fit together in your toolbox, as none will give you everything (e.g, insurance is required and it will cover you for many situations, but not always; asset protection (LLC) is litigation insurance and complements regular insurance, by minimizing the target and making it unappealing).5.

Is there a chatroom that hosts discussions with a good number of people on a regular basis??