Many colleagues I've spoken to start at $1,200+ and I've learned the hard way, you get what you paid for.Unless you have a tax background I would not recommend tackling these returns yourself given all you're doing and if you plan to add more partnerships in the future it's even more important you work with a tax professional you know, like, and trust.I've seen people in the same situation to save ~$3,000 in prep fees, did the return themselves, then received a $120k IRS notice of change to their return.

We also send an automated message to them around noon time the day after check-in just to see if they have any questions or need anything, most guests really appreciate us checking in with them, this also avoids the common scenario of guests that have an issue at the property but just choose not to tell you about it, then leave a bad review without giving you a chance to make things right.

As for researching the competition, all I have done so far is check common websites that market properties like Zillow, Realtor.com, Apartments.com etc.

Anyway, the tenant, the reason he gave notice was because he was buying a house.

@Jim Bouchard the only thing I noticed you maybe should address is making the screen doors not slam when closing.

I simply am providing you with actual data and common sense so you can learn and start guiding others on the right path.

First, in terms of negotiating, I have experience buying a home outside the USA and I noticed the RE agent, who I assume was a negotiating expert, didn't negotiate very well.

When I saw my tax advisor/attorney, he said another option would be to have a separate LLC for each property with a holding company for expenses common to all properties and to make distributions and contributions.

However, notice there's $400,000 in FORCED APPRECIATION the borrower added to the property value.

Here is one of my posts that will provide answer to the most commonly asked questions.