Do we have to give the tenant the names of vendors or all people who we're at the unit giving estimates or doing the clean out?

Property used as home.If the property given up was owned and used as your home for at least a total of 2 years during the 5-year period ending on the date of the exchange, you may be able to exclude part or all of any gain figured on Form 8824.

Most of my clients over the years have cited the ability to use the home for friends and family members and have it cover some or all of the costs of ownership. 

I found out the hard-way my 1st year that 10s of thousands of dollars or all the time out of my life trying to save money and do it myself was not worth it to maybe get 1 deal trying to buy direct from owners.Best of luck to ya :)

And you could theoretically rent one or more suites out (which will pay some or all of your monthly mortgage and expenses) while you fix up the other suite(s).

More importantly, this could morph into a world where buyers have to pay some or all of their agent's commission, making it more expensive to purchase homes.

Although, you can still negotiate seller concessions to help with some or all of that. 

You need to use these estoppel forms to verify all the details about the oral rental agreement with each tenant.

There are so many benefits to moving some or all of your portfolio outside of the coastal states.

However, there are strategies to get the seller to cover some or all of the closing costs through seller concessions which would reduce your out of pocket expense.3) I would use your real estate license and MLS access to find comps in the areas you're interested in to estimate the ARV of any prospective homes.