Keep detailed records of all expenses.As for tax professional recommendations in Cleveland: As accountants, we are not allowed to promote our services as it is against BP rules.

It’s also a good idea to outline what happens if they don’t leave on time.Next, draft a Rehab Permission Agreement that details what renovations you can do while they’re living there.

That's informative, and creates more detailing questions.

@Mark Ainley @Tom Shallcross @Jake Fugman @Henry Lazerow @Crystal Smith @John Warren @Sarita Scherpereel @Jonathan Klemm  Without getting into details we had a similar situation years ago in Bronzeville.  

While I might consider an area to be "C" class, someone else might consider it to be "B" class.A lot of the minute details is going to depend on you and your perception. 

This analysis will actually help you determine how much cash you need for your first deal which will guide your decision for a well paying facilities job.  

When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.

Got more detail.

@Courtney HamiltonI have found that my rental listings are no longer Auto pushed to Zillow even though Zillow generates by far the most traffic for a rental listing almost 70% of the leads are from ZillowWhen you do your market analysis I would highly recommend pricing your property $50 below your competition because best products and best price equals the best tenant.

I don't want to perseverate too much and allow analysis paralysis to prevent me from jumping in.