Another route to go is a ‘conditional lien waiver’, which goes into effect only once the invoice is paid.

Manage the Property: If renting, manage it effectively and maintain communication with the seller.Advice and Tips:- Educate Yourself: Understand legal and financial implications.- Build Trust: Establish rapport with the seller for ongoing communication.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential. 

Sounds like a minor change, but this difference is basically a 3x difference in the effective tax bill for most properties. 

Despite these challenges, the successful sale at $125,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels.

-he pays $550 of the $930 mortgage, and half of the utilities, which are not split, and are in my name. am I overreacting, or do I need to do some damage control on the tax front?

Coordinating quick updates and marketing the property effectively were key challenges.

Despite these challenges, the successful sale at $130,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

It just a simply "guarantee" that they will cover guest caused damage.

Keep the money for the days it was vacant (ie if you rent it Aug 1, then you keep 1 month's rent) and any damage that you had to repair.