Typically when you see "cash only" the agent doesn't believe the property can pass a home inspection which isn't relevant for construction loans in most instances and there are plenty of banks, hard money lenders etc. who offer construction financing on distressed buildings.

Personal residence that has a 2,000 sft office, kitchen and lounge area ( for entertaining vendors, clients and prosepects).

I actually can’t believe that one passed statewide. 

"Managing" on a listing platform is not going to pass the IRS sniff test and good tax preparer will not let you claim active to get extra write offs.

U will need a section 8 inspection so hopefully the house will pass that.

I see it as most people are so wore out from being at the parks all they that they pass out and get up early to do it again.I don't even turn on the TV when I'm there.Kids have tablets to watch their stuff and play games on.

However, if you are an out-of-state slumlord, you can now pass 100% of the financial and legal liability of maintaining a property onto some poor local.

PROS of a Solo 401(k) using a custodian: 1) Should you pass away while Solo is still active, or when you eventually need to terminate the plan and rollover to an IRA, much easier to open an IRA with that same custodian and initiate a rollover of the assets (retitling required at that time). 2) You have a custodian that likely offers some level of client support and education.

The tax burden will pass through the LLC to the owners. 

If the violations took place prior to purchase, I would at least give them written notice that you are aware of the previous violations and that just one under your watch would result in an eviction.in the meantime, I would shop for new insurance and pass the increase on to the tenant.