If the contingency reserves were paid in cash, they may be refunded to the borrower.The contingency reserve may be considered as part of the total renovation costs or the borrower may fund it separately.

Not every state or city mandates that any landlord has to accept Section 8, because the landlord has to not only subject their property to Section 8 inspections, rules and regulations, they also often have to separately arrange for the tenant to pay the non-covered part of the rent and can face difficulty evicting just based on that.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

Lesson: if you do not have two separate guest stays completed in 2024, there is no way to meet your 7-day test.

Look for properties with features like separate utilities and layouts that appeal to tenants.

Thats the kind of information that separates a good investment from a not so good investment. 

Separately, smaller towns are very user friendly.

This is what separates the best construction lenders from the pack.

We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.Quickbooks Setup:- Classes allow for separate P&Ls for each property. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.

There is a post on here of someone that happened to because goods and services were not separate.