Investing in real estate can open the door to many different tax elections as well.A good tax professional can help you collect the information you need, guide you preparing well in advance for year end reporting. 

But if they don’t even bother to fill out the forms to apply, or get a basic job to make ends meet, or borrow money from family or friends/ somebody else besides you, then they can’t stay.

Specifically:Licensed and Insured Contractors:Strong experience in fix-and-flip projects is preferred.Proven track record for meeting deadlines and staying within budget.Interested in building a long-term working relationship.Real Estate Agents:Knowledgeable about properties in Chattanooga and surrounding areas.Skilled in identifying high ROI opportunities for fix-and-flip projects.Open to partnering with an investor for repeat business.If you or someone you know is a great fit, please comment below or send me a direct message.

You are correct; it would be awkward having two different parties staying on the property. 

My coach suggested (and I implemented) a "must do tracker"....it's a color coded spreadsheet (I like to print multiple copies and keep them on a clipboard to stay in my sight/top of mind). 

As a first step, I’ll print and read The Ultimate Beginner’s Guide to Real Estate Investing.

For another business I run I do post daily accountability in a FB/mentorship group and that does help me stay on track.

For renewals, it’s wise to switch to TREC forms to stay compliant.Regarding disclosure, yes, you should clearly identify yourself as a licensed real estate agent.

Once you know you are ready to buy your first REI you need stay glued to sites like Zillow, Realtor, Redfin, and other FSBO sites to help your agent find a property. 

You must give proper notice before each showing, you must give the renters the opportunity to buy the house first, and the new owner will have to honor their lease if they intend to stay.