For example:Tenant ManagementLease Automation & E-SignaturesOnline Rent PaymentsTenant ScreeningMaintenance Request TrackingMarket Vacant PropertiesIncome & Expense Tracking (Do you use QuickBooks and want to continue, or does your current PMS have its own solution?)

Unless the business model changes, the risk of repeating the losses will be the same. e.

Instead, you’ll report it as lower rental income on your Schedule E.

@Lynnette E.

E-All their past offerings have performed at or above the projections F-We are debt free and actually was attracted that we could benefit from taking on the non recourse loan.

For recent purchases: less than 3 years, you probably have to grow with them and think about how can you maximize returns: maybe ADUs, or Coin-laundry or e-pay, renting space on the property for storage, air b and b or mid term rentals, splitting the lots, Tic sales etc... or value add to increase appreciation faster!! 

I am co-owner of Triple E Real Estate & Property Management.

Smaller renovated Lakewood two families (less than 2000 sq ft) can be bought under $200K (sometimes under $175K) but rents potential much lower (e g $900 vs $1200 a unit)Clifton Edgewater (west of West Blvd, north of Detroit) and Kamms (area just south of Lakewood) along with Lakewood have always been strong areas and are priced at/near Lakewood (and to some extent share the same tenant base).  

The EPA has published new lead paint standards. https://www.healthday.com/health-news/environmental-health/e...All five of my rentals were built well before the end of the lead paint era.

Are you reporting it on Schedule E or C?