There are financial advisors who charge fees hourly or by a monthly/annual retainer (see xypn and Garrett Planning Network). 

For REI, you should have retained earnings, or Cap EX, or maintenance, or whatever you want to call it.

The managers will take care of most of these things, but I can't help but think it's pretty much a necessity to retain a lawyer to let me know in case there's any paperwork I ought to be filling out, or licensing I need to stay on top of, just in case.Another concern is that these buildings are not located in my immediate area, or any area that I'm yet familiar with.

Hi Joe,I doubt ceiling fans can increase the rent in San Antonio.In the bedroom(s) and living area I think of them as must haves to retain residents (in Texas).I have no formal data for this, just a gut feel, that residents will stay longer if they have (the proper) comforts in the unit.Some fans must be oiled regularly, avoid those.Home depot sells replacement blades and replacement parts for them.Them make a kit where you can reach up into the old light hole and secure some bars in there and that holds the fan steady--meaning don't just bolt it to the old electrical box.The reason I hold my beliefs about them is every time I have been inside an apartment or home, and someone is in the room, winter or summer--the fans are on.So I assume people consider that a comfort item like having heating, especially if it's a SFH without AC (which San Antonio has a lot of).Cheap fans cool the same as fancy expensive ones, and when they are turning you can't see the fancy blades anyway.Good Luck!

It will help you coordinate and retain your knowledge.  

You will retain ownership of the three units, but completing the conversion to condos will help make the property more appealing to future buyers.

A fractional home owner allows persons access to the home at predetermined times while still retaining partial ownership over the home, as opposed to a time share where individuals own units of time.

I keep my rents at about $75 per mo below market to retain my tenants and because I am lazy-I hate vacancies.

But he is simply a laborer and not a contractor and is using the $1m+ budgets for the churches as his basis.The wife and I plan to buy our first rental after the first of the year when we have enough retained cash to buy a unit ($10k).This doesn't seem like a good starter project for us,being inexperienced in the business.Any direction?

“We never do.”But after meeting with Gastonia Planning Director Jason Thompson and other city staff last spring, they jointly decided the westernmost property didn’t need to retain its industrial identity to thrive.