For perspective, the rent is $2,500 and the pet deposit is $500.

@Calvin Graves thank you for your perspective and experience! 

Use this meeting to gather their perspective on the property and understand their goals before making any offers.Keep It Informal Initially: Avoid jumping straight into specifics about pricing or terms.

That puts things in perspective!

I am also looking for tax optimization as the business will require cash reserves and is a high risk business from a liability perspective.

I'll echo Zach here a little to give my own perspective if it helps.- It's very difficult to argue about travel being a business expense if you're just going to look at properties, I would argue against it in a majority of cases.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.

I'm curious on your perspective. 

There’d need to be a lot of rehab work/managing that would require you to put in that many hours.From a financial perspective, it seems like the highest leverage way to keep buying more properties is leveraging your W-2’s and then being work optional.

I'm focusing on building relationships with high volume agents, wholesalers, buyers, and sellers in this market to create dealflow for myself and my clients.From a strategy perspective - we work heavily on co-living properties as it is one of the best ways to make things pencil.

It minimized vacancy risks and kept things amicable.Address Tenant Concerns CalmlyI’ve found that tenants often feel more cooperative when they understand the landlord’s perspective.