We even got credits from the seller for fixing the sewer line and installing a radon mitigation system.Fortunately, closing went smoothly, and I acquired the property on January 4, 2022.

My concern here is that the transition to a new PM won't be smooth due to the current pending/ongoing lawsuit.

Also, it's the PM's job to ensure that everything is running smoothly and he's being paid for it.

The property runs smoothly, and we are considering converting one of the units to a mid-term rental since it is located less than half a mile from the two largest regional hospitals.

The property runs smoothly, & we are considering converting one of the units to a mid-term rental since it's located less than half a mile from the two largest regional hospitals.

Theres many advantages that these strategies can play in eliminating all or most of your fed/state taxes.After this stage where you've eliminated or covered your housing and tax expenses its all "gravy," just keep rinsing and repeating till you reach your desired cashflow goals or net worth goals.The next stage that will come into play is stabilizing your cashflows and asset protection strategies because things arent always so stable month to month with real estate and keeping things going smoothly takes a lot of good people on your team along with processes and systems.

It all went very smoothly, we went out and celebrated afterwards, and I can still call the seller up if I need any historical information on the building-or whatever.

Accounting type math is not my brain'a thing, but a couple of actual deals will smooth that out.  

Thanks to the advice on BiggerPockets I’ve got wheels in motion and two deals under contract🙏🏽🙏🏽 Hope the closes go smooth I’m so appreciative of this forum and all the helpful generous people on here!

A smooth sea never produced a skilled sailor (Franklin D.