The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

There is actually great demand in this area so I wouldn't write it off as a bad area at all!

But I didn't care because of write off's and appreciation.

They can write whatever they want, it doesn’t mean the law will uphold that if it violates laws.

There is no trick, think of it this way: you have a principal to pay off ($175k, so you could do 175 months x $1,000) and as long as you do the outstanding balance generates interest.Your mortgage payment is PITI, you always have TI, principal you pay in your own pocket and interest is a tax write-off.But from a cash flow point of view paying one off first is better, because you save both the principal and interest portion, which comes out to about $1050.

Some would argue that Texas doesn't have state income tax but who cares because you get all the write offs anyways.

There's nothing wrong with fixing something that is broken, but you shouldn't be making improvements to things that are clean, safe, and functional and that were fully observed by the tenant during the showing process.

If they don't accept the offer in writing, it's off the table and they fulfill their lease.3.

I had a tenant complain and actually write me a letter stating that there "wasn't enough room by the door to her apartment to place her shoes".

If you decide to switch it over into the  LLC I would ask let the lender if they say it's ok, get it in writing that they won't call the note due (if the loan is in your personal name).The thread Nicholas sent you is really informative.