--Also, it's our opinion flat fee only works for Class A properties/tenants, maybe Class B, but definitely NOT Class C or D.Placement & Screening Fee: majority of PMCs charge one month of rent.

Rare am I able to get P&L, Rent Roll, list and cost of capital improvements, Schedule C or E.   

.- Property located in a C or greater neighborhood How did you find this deal and how did you negotiate it?

Hi Laurie Williams - I have a few clients who are strictly BRRRR investors but the sub Milwaukee markets they are targeting aren't providing the numbers they're pursuing right now. 1% is the new norm and you have to be willing to accept more risk if you want to push this margin further in class C or class D markets, which isn't something I'd recommend as your first investment out of state.

Too many investors didn't take the time to understand the Detroit market and bought a Class D property they thought was Class C or B.

I would check into whomever you are thinking of investing with, first what type of Apartments do they invest in, Class A, B, C or D.

I've asked 4 CPAs Schedule C or Schedule E. 3 said C1 said E because I'm not offering "daily services" such as maid service or breakfast.  

Hello BP Family,I've read so much on whether to file our STR as Schedule C or Schedule E when filing for 2022.

Although you might have an argument it's not something I'd bet on in an audit. 

When it comes to filing, which Schedule should be used (Schedule C or Schedule E)?