Prior to losing the home in foreclosure the previous owner had retaliated against the lender by cutting out most of the exposed electrical wiring and removing the heat and air units from the property. 

Instead, it’s about creating a sustainable model that balances profitability with cultural and societal value.Capitalism, at its core, thrives when there’s a focus on value creation—not just cutting costs but creating something meaningful and enduring.

Fix gutters, extend  gutters at least 10 ft haul in dirt around foundation if needed the best soil for a foundation is a heavy clay type  , cut back trees if needed .

Document all of what you do if you are going to get it done for them, and/or if you cut them a check then make sure it is in writing that it was all done and they cannot come back to you at a later date asking for more money/mitigation.  

I wouldn't recommend setting up an LLC out of state if you are buying in Tennessee unless your tax advisor is looking to help you on strategy.. but from a numbers standpoint, it really doesn't make sense when you start adding up on all of the annual LLC reporting fees from different states and then it starts cutting into your cashflow.

By the time an Inspector shuts down a project, and the homeowner goes to court/city/judge/whatever.....there is wasted time and money.As we all agree, just get a permit (if it is required) and do things right. :-) Even if you win the war, loosing the battle can easily wipe out all your profits and more.Think about that recent CA AirBnB case where the lady was in the guest house for almost 2 years with no rent?  

DOS or more commonly known as Event of default.Alienation of title is an event of default in most all debt instruments not usually located in the Note its in the mortgage  deed of trust etc.And along with other Events of Default  IE non payment of Insurance or tax's or waste these all give the lender the right to Accelerate the note but not the obligation..

Lawn cutting/snow removal you can get quotes for, plan for some vacancy, property management software if you will use any.Hope this helps.

There are some dogs that just have to be on the couch so these cut way down on dog hairs.We provide dog bowls for water and food along with an absorbent mat.Last up we have a small Bissel hand cleaner for accidents.

REIAs are a business and they need guest speakers who 95% of the time have something or service to sell.. informal meetups are a waste of time in my mind hate them.. boring.