I was thinking of becoming a signing agent as a way to dip my toes into the real estate waters while I continue to soak up as much knowledge as I can.

Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

SFR is 2100 sqft over two floors (one is basement), both floors are fully-finished, water pressure is not an issue. there is no other rehab in the main house, so we will have to cut into the ceiling for just the retrofit.Thanks a ton!

This allows the two LLC's to pool money without forming a separate entity.Question 1: Does the intent to "flip" run the risk of being seen in the eyes of 2002-22 as conducting a business?"

The small leaking pipe in the kitchen is likely a water supply line and a plumber can fix it.

If 2 and the bathroom is on the second floor, the plumber will need to access the other plumbing/water lines and this could involve accessing walls and ceilings in various areas depending on your layout.

I only buy new appliances as do not want to replace them every year with used ones. 5 have done keyless systems around Pools and Community Centers. but not in Apartments.

Each municipality has different licensing and permitting requirements and "permitted work" can mean a wide spectrum of scopes from replacing a hot water heater to building an addition,  so it's difficult to group all improvements together in the same category. 

I was informed of high water bills on April 1 and had the problem fixed across April 7-8.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.