Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. 

This includes and is not limited to Sidney, Walton, Norwich, Otego, Bainbridge.

We simply include the tax on the invoice sent to guests, which makes it easier to track and ensures we're covered for tax purposes at the end of the year.For Chicago, I’d recommend checking directly with the city’s tax office or a CPA, but generally, you’ll need to register with the city, collect the hotel tax from guests, and remit it on a regular schedule (likely monthly or quarterly).

We completely gutted and finished the basement including adding a kitchenette and 3/4 bath, moved out and are now renting both apartments.

Would you have any recommendations, in your experience, for what to look out for in the documents that would be red flags or items that would negotiable?

New payment is 4150 including taxes and insurance 80 waterHot water bill is 125Rents 8350Very happy with my first BRRRR

Owning rental properties, including STRs, does not allow you to fund SEP IRAs.

Note that the diagram doesn't consider tax implications—that's another important factor you'll need to include in your decision.

In my firm, you would probably pay around $3,500 for this tax preparation, including Form 3115.

Even when I self manage I include pm because it is work and I do not work for free.