I have definitely incorporated your stategy into our letters and will call asking for rent and their acknowlegment of their responsibilities.

I've found lockers that you could install for automated package pickup which have billing systems incorporated to monetize the process either in monthly utilization fees or per package pickup fees.

That threw a bit of a wrench in our plans so we’re now looking for a short term (likely 6-8 months) rental until we’re ready to make the move on our next property.We’re both in corporate finance, same employers for 5+ years, no layoffs during these times, very well paying jobs, excellent credit scores and the ability to pay rent during these unprecedented times.

You had the chance to inspect the building and the unit and incorporate it into your purchase price.As far as a difference between the initial MLS listing saying there was a lease, and subsequently finding out there's no lease, the MLS listing means very little and at the bottom of every printout or web page you'll see language to the effect of "information deemed accurate but is not guaranteed and buyers are advised to due their own due diligence" etc.Basically it means that while the agent should not deliberately lie, they can't be held responsible for inaccurate information there and you were advised that it could be incorrect and told to investigate further.

We are focusing on class B and C properties that can incorporate a BRRR strategy, or that only need slight cosmetic renovation. 

@Jason J.Is there a way to incorporate into the screening process who are essential workers and only rent to those people without being in violation of the Fair housing act?

Hi Alex, as an option you consider a Revers e Exchange if you wanted to incorporate deferred taxes into your new investment.

. - Incorporating an LLC,- Opening a bank account for LLC- Establishing accounting book- Working with CPA's, attorneys, etc...Any tips would be much appreciated!

Should I draft up my business plan before meeting with an Attorney about incorporating the business?

Also at the same time, you should use that opportunity to setup your estate planning as it is easy to incorporate it in your asset protection plan.I would also encourage you to watch the Youtube channel of Clint Coons that has plenty of very good videos that would give you a good overview of different strategies.