I also received your direct message and will correspond with you further on there. 

  $1000 for an LLC operating agreement and corresponding legal work is about the going rate in MA, and they help you ask all the "what if" questions that you haven't even thought of, and help you define what will happen if something happens.  

If you can share any letters or correspondence you use to notify the occupants would be greatly appreciated.

My interest is not when a new recession will take place, but positioning myself to take advantage of the corresponding drop in Farmland values.

Going forward, all payments, maintenance requests, and correspondence should be sent to the address listed at the top of this letter.And then below that it lists other payment methods, how to submit maintenance requests, etc.

A good landlord policy and corresponding umbrella policy is what you need.

Or drop the price a corresponding amount.

As you can see from the example, whether purchasing a new, cheap vehicle to be used for personal purposes or resorting to using your work truck for personal purposes really depends on (A) the cost of your work truck and the corresponding Section 179 deduction; (B) your expected top marginal rate for the year; and (C) the cost of the personal vehicle you would but in the case you do not use your work truck for personal purposes.

Think keeping correspondence, walkthroughs of properties, tenant screening.

We have one property and after getting a rather large CPA bill ($1600+) for the 1065 Partnership Returns and K-1 forms (along with a bit, not a lot, of correspondence on phone and email about quickbooks, which we use).