And when you're shopping for your replacement properties in your 1031 exchange you'll also want to pay special attention to the current insurance on the property.

(However, the software is geared towards smaller companies)(There are specialized softwares that larger companies use).Quickbooks can handle the accounting for a small business who does flips.In my opinion, you likely need to take a class on QuickBooks to properly and efficiently use the software.There are likely some schools nearby that will teach you quickbooks.The alternative is to out-source it to someone who is focused on the real estate accounting space.Best of luck.

There are very special circumstances where a lender will count projected rents by the room.

Once you've identified markets you want to look into, head over to the on-market deal finder and start putting in zip codes you've identified and specify your personal requirements for investing.

(senior assisted living, special needs adults, or halfway house)To clarify, I want to be only a landlord and lease to an operator who runs ____ business.

Will this new wall be required to have electrical service added per code?  

Typically one of the owner's children are the trustee of the revocable trust, he/she can take control of the properties, appoint another sibling or sell or do maintain them.Can someone guide me or point me to a legal expert for this specialization in Virginia please?

I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

These are professionals with additional training and a stricter code of ethics.

Check your state's Landlord Tenant code for direction on how much notice you need to give to go inside.