It’s 100% bonus depreciation for properties placed into service in 2017-2022, 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026 and completely phased out in 2027.

I bought lots of umbrella insurance.I'd recommend you talk to a local attorney and compare services and fees with Anderson.

Here's a link to my company's application: https://northstaronline.managebuilding.com/Resident/rental-a...We use Buildium as our software service.

Here are a few methods that have worked well:• Data Providers:Consider subscribing to services like PropStream or ListSource.

You need to send him a letter with proof of delivery required (a cheap date with US postal service) and you can also post the Notice in a sealed white envelope marked confidential to his door - and take a photo of it for proof of delivery. 

I would suggest a good PM to start if you don't have a solid background in hospitality or at least something in the service industry.Self-managing can save a ton of money if you know what you are doing. 

Taking the loss now is preferable to paying out monthly for the privilege of being a landlord.

I would include servicing costs of the loan and licensing costs.

I think I will not let him make this upgrade as a 5 year payoff would require over $100/month additional rent.  

@Zach Harshhttps://www.biggerpockets.com/topics/944166This thread from 3 months ago make him seem like a great guy?