So be careful and make sure you interview the Expediter and that they have had success in obtaining the Letter of No Objection.As far as evidence that you need to gather, look up your buildings TAX Class.You will find it here: Building Information SearchHere you will see something that looks like this:NOTE that while this is a Dept of Buildings Web Portal, what I have circled in RED is the Department of FINANCE Building Classification.You may not have a CofO, but the Dept of Finance maybe taxing you as a 2 Family.

Hopefully, some others see this.Yeah, I would say that's a red flag about the LLCs because usually when an LLC buys and flips, they sell to an end buyer/homeowner, not another LLC.

Outside of real estate, I enjoy snowboarding, rock climbing, surfing, and recently obtained my private pilot certificate.Excited to learn and connect with you all!

I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags

I know Red Awning charges 10% and they handle most of the guest communications and listing, pricing for you, but you still need to arrange cleaners. 

DSCR loans offer more flexibility with long-term fixed rates and less red tape.

this is old  tried and true method of simply having you pay them to get credit cards .. there is no need to pay for this service.. unless you want to of course.. there is no magic bullet ut there that is going to give you credit and financing unless you actually qualify for it.But zero interest credit cards are used by some to do rehab and then pay them off issue is though your fico score drops like a rock the second you take on all these CC.Also starting out there is zero chance of getting any kind of business line of Credit that is unsecured.

Do your research on the forums for general tips on hiring a PM, what to look for, what to look out for, good stories, bad stories, learn from others about their experiences with all kinds of PMs all over the place and take what you learn when you're speaking to PMs in your area so you can more easily see red flags, or green flags!

Hi John, Just bought my first property (duplex) in Little Rock. 

If you think the mulch is somehow attracting these pests, maybe because it's wet from the sprinklers or something - perhaps swapping the mulch out for smooth rocks would help.