I only charge markup on maintenance if it's a larger project that requires more coordination, supervision of the work, and inspection after completion.

Even a single family builds can vary significantly based on site conditions and required structure/design.

The US taxes global income which dramatically increases the reporting requirements.

You also mentioned an unpaid water bill, so be sure to deduct any outstanding balance from that bill as well. 

Most of the PM work is done on the first 3 months of the management, then we can recoup our expenses. 2. this Is legally required.

We forbid TV mounts, shelves, or items that require bolts, anchors, screws, or large nails.

In those cases, the title company guided us on the necessary steps to resolve the title issues, and we did whatever was required to close the deal.

I have ~$60k for a down payment and I'm ideally looking for a seller financing deal that only requires cosmetic improvements to bring it to a rentable level.Looking forward to chatting soon!

In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.

Even if you know the owner like a brother, you need to do your checks and balances.