Unfortunately the things that Lonnie did back in his day were great money makers but have been all but made obsolete in this under the microscope predatory lending world that we live in. I

He knew the property did not have central air when he moved in, I doubt he has a leg to stand on in court.

If property values go down that money you just paid in is disappearing!

Specifically I wonder what are some of the best recommended pay per lead companies out there while I wait for my SEO to kick in? I

Thanks for chiming in. I

I agree that gaining hands-on experience in property management before fully diving in is crucial.

There are various ways to do this in QBO, but this is how I typically do it for myself and my clients in the Chart of Accounts.Real Estate Owned> Land> Buildings> Closing Costs> Capital Improvements> > CapEx 5 years> > CapEx 15 years> > CapEx 27.5 years> DepreciationOnce the tax return comes in I will adjust for depreciation.

This new person who moved in is already causing issues.

For spaces that small, with minimal TI going in, I don't think that's crazy.

Which neighborhood is this house in? I