Patricia:When we purchase a distressed property which we plan to rehab as a rental (which is typically how we go about things), we incorporate the purchase and make-ready (retrofit/rehab) costs together as our initial cash expenditure/outlay.   

Yep it's heated by gas, so this next bill is going to be huge, since it incorporates all the winter months.So there aren't any rules regarding timing and billing tenants that you know of? 

We are working to better utilize our staff and software to incorporate the needs of our owners.

It is our job to pick apart poorly drafted Articles of Incorporation.

You really need to consult with a CPA who is familiar with International Business and possibly an attorney.Given the situation you outlined, in theory, it would make the most sense to have an entity in a low/no tax jurisdiction (think trade free zones).Profits can be held in that entity and personal distributions can be made gradually.You may also want to get the advice of an asset protection attorney.Keep in mind the laws might change with the new administration but these are global business tactics used by large companies to reduce billions in corporate tax.

I am one of many Hong Kong investors (over 80) who has been scammed by this group.Jay Walsh has scammed me out of $50,000 and he does not respond to email or texts anymore.On November 18, 2016, I paid Jay and ABC Capital $77,927: $27,500 to purchase a shell at 38 N Frazier St, 19139and the balance to incorporate an LLC as well as to renovate the shell (in excess of $50,000)As of today, Friday 2 November, 2018 Jay has not replied to any of my queries.This is what the property looks like currently.

I will be FI as soon as I move back into one of my rentals, but I'm still grinding it out in corporate since I have a high paying job.

@Mark Christopher Javier and to all those who invest in out of state:When owning out of state properties, do you title the rental property in an LLC incorporated in that particular state?

As I mentioned earlier in this thread, you owe it to yourself to make the best use of the tools available to you.In that spirit, I've asked the tech guy who manages my CRM system to investigate how to incorporate this as an automated step in the tenant approval workflow.I'm not sure what he will come up with, but for me, making this easy and consistent for my property managers sure seems like it could be money well spent.

Many of these folks aren't technology savvy, so traditional marketing tactics seem to work in my experience.I've switched my strategy up a bit to incorporate networking events and referral based business from CPAs, attorneys and commercial lenders.But nothing works better than simply picking up the phone and dialing for $$$$$$$$!