🚫 “This seems priced too high.

in a stick frame market and one of the cheapest markets to build we build with margin at $190 or so a square foot. that will go up over time about 5% or 10% a year to keep up with new build price increases. we are buidling a 3 story walk up and source some of the lowest priced crews.

this is helpful.

As Michael mentioned you just need to respond to the IRS and state this is what you're doing.

You can also check out the PassivePockets Podcast and if you take up my first idea, The Hands Off Investor by Brian Burke is a great read.

Is this something you use outsourced resources, or are there others on staff that do handle this aspect of things? 

I would suggest that once you are done reading that book - give it about a week and read it again. 

This is an absolute no brainer. 

@David Lewis:-) I advise most of our members to read "Acres of Diamonds" then let's have a discussion, if you want?

Appraiser's learned a valuable lesson in 2008 when they were accused of being one of the causes of the great recession.