This way you still have 50k in your account and you have $200 coming in every month for 10 years, then 1600/mo for the following 20 years.OR you can lend me the money for 7 to 10 years at 9% and I can do the same as above!!

I know it defies logic, but many things in life defy logic and the evidence I've experienced follows suit. 

Then, dividing leads into categories where they say “yeah I might sell in 6 months “ and following up with the people in 6 months, that is the real recipe.  

@Mayer M.Excel will be the best way to track your hours.You should have something where it is set up in the following wayColumn 1 = DateColumn 2 = Activity DoneColumn 3 = property #Column 4 = amount of hours spentGood luck!

@James Wise I began investing in Cleveland (from NY) this year, and I was following this grading guide for a while!

I would be glad to kick her out if she doesn’t follow lease and liesHey Mak, this is a tricky situation.

I will be sure to reach out to you and follow up. 

Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.

All they have to do is follow the simple contract where everything is outlined.

I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!