Lastly, once you get all that set up, I would highly consider umbrella insurance especially if you have multiple properties, it bolsters the liability part of not only your properties' insurance but of your personal home and auto as well - once the liability limits on these policies have been exhausted that is when umbrella insurance kicks in. 

If I'm using the standard mileage rate for 2017, can I also claim my business use percentage for my auto loan interest? 

They auto renew every month.

Looks like the only things that require licensed professionals is plumbing, electrical, and mechanical all of which need a permit from the city.

@Alexandra PsarakisBest to speak with an attorney.More important than the mechanics of how a trust works is does a trust fit in with the goals and wishes of your mother and grandmother.They'll get to know everyone's facts, circumstances, and goals, and answer any questions you may have.

I would likely need appraisals or some mechanism to measure value upon each buy in too. 

Hey @Elijah Glenn, a few observations:1: I would account for ~12% in total fees when selling. 2: Are you able to itemize your rehab budget, is this a cosmetic job, is new mechanicals needed? 

Scottsdale and the East Valley are very popular for Airbnb's due to the constant influx of events such as golf tournaments, spring training, auto shows, and so on.

Since I do everything online, since everything is auto drafted, since our vendors pay us online (including our property management software and much more), and since we use a lot of features of our current bank (check scanning, credit cards, online access for our wires, statements, etc) it's a LOT of work to move operations accounts. 

It is a great read and allows you to think holistically more than just mechanically.