That is an unnecessary complication unless the other person is trying t oshow a higher income..

Variable elimination is Business 101, and having your money go through unnecessary hurdles is just silly.

We eventually let the on-site manager go, it just was getting to be too big of a headache, asking for additional payment for work that was unnecessary.

There always has to be one person who is obnoxious or has to add an unnecessary comment.People are here for advice or help otherwise this place wouldn't be necessary.

Seems unnecessary to remove and replace all of the outlets if they are working properly.- Other than basic clean up and making sure everything is working proper there seems to be a lot of exterior work that could be done over time and not right now.

Overhead Allocations are spurious, confusing, and unnecessary.  

Tenant security deposits are typically held in a separate trust account although many states allow them to be held in the same aforementioned trust account as the rents.You would always be required to hold some minimum amount of money in the account for maintenance reserves, etc.This stuff where you setup the account with them as trustee is completely foreign to me and just adds unnecessary complexity.

Thanks @Jim Cummings, I will most likely avoid the E & O claim as it sounds pretty involved and possibly unnecessary in this case - at least in my opinion.However, I will notify the broker of my plans to file a complaint, referencing the reasons discussed in the post earlier today after meeting with the attorney.

I'm shopping around for insurance for my first duplex. I won't have a LLC for now, no umbrella coverage either. What are recommended values of:  - Liability protection?  - Medical Payments?  - Loss of Rent (what perio...

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, you should sit down and assess your personal finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.