Seems a bit high on the exp ratio near 43% but we do pay a premium for our solid cleaning lady, she also stocks supplies, runs errands and other duties for no "extra" charge.

My guess is it's not the business of this little old lady he's renting from. 

Different mediums have different purposes, that's the premise of media Whatever you say lady. 

Everything you saying is echoing what I believe.Accountant by day 9-5 and own about 13 units between a few buildings with my lady and recently got into fix/flip in order to scale.Sounds dead on.

The plan is to put the rentals in SCH E of our joint return and file with TurboTax-We live in Florida-Leases under my wife's name, Airbnb app under my name, dedicated bank account for all rentals activity in the name of both-We have umbrella policy for liability protection for the rentals-We leverage some contractors (for example cleaning lady for the Airbnbs or lawn maintenance guy) that we pay >$600 for their services in a year and they are not our employees.

I talked to a Lady in Nashville and walked her through the process and she was able to do this and made some pretty spectacular gains on recreating old parcels.

After that, the lady who was my liaison at Lee’s company stopped having any contact with me.I cannot tell you how bad of a mess the 2ndcontractor made.

Get ready ladies and gentleman.

I spoke with a lady who started off with very little like myself and built her portfolio up to 9 joint venture properties and had been pretty happy with the relationship.

For example, I know a lady in my local market that is very successful in the land business and has developed a niche that cashflows very nicely, without a lot of stress, as she puts it though I can't imagine how that is possible.