Muskegon is a bit shakey in sections, but has some great beaches and really nice sections too.

Those loose wires on the range create a spark and someone is trapped inside or the first responders are delayed going through a futzy door and now your property is on the 6 o'clock news.

When you use it as a landlord, I hear you reach a higher plane of spiritual landlordianship and salvation.And when you call em back with a bribe of 1/2, set up a massive bear trap so they can’t escape.

Some people add the part about the assignment in Section 11: Special Provisions.    

But aside from that, what seems to be even less settled is whether the de minimis safe harbor be used to qualify small improvements (under the $2500 limit) during the startup phase to help qualify what expenses can be included in section 195 startup expenses (and then either deducted as part of the $5000 startup allowance, and the rest amortized over 15 years). 

Proc. 93-27 provides that (except as otherwise provided in section 4.02 of the revenue procedure), if a person receives a profits interest for the provision of services to or for the benefit of a partnership in a partner capacity or in anticipation of being a partner, the Internal Revenue Service will not treat the receipt of the interest as a taxable event for the partner or the partnership.""

Other situations I consider to be less problematic are moves due to needing more space (pregnant and needing another bedroom for the newborn), and due to condition of the house they are in (although these might also be a problem to watch for, but things like mold, fire, insects, broken down heating system - they may make a house unlivable, just have to watch that the tenant isn't the cause of these issues).But for the most part, people don't want to move around the holidays, and that starts in this country around Thanksgiving.

I cant touch anything in my area that's multi-family for under $300k In my area (Seattle) to get $1k rent, you're in for $100k plus.Will Spruill You're about to step into a deadly trap.

I have the termite inspection report which says no termite activity but buyers want me to do the termite treatment.From buyers “Wood Destroying Insect ReportDuring the termite inspection it was determined that there is visible evidence of wood destroying insects.

Yes you will pay points and a high interest rate but carrying costs might be a better benefit then having 90k trapped for a year.Let's go 800 since you said 875.1,600 month X 12 = 19,200 gross X .40 (60% costs with landlord water) = 7,680 NOISales price at a 10 cap with now work needed is 76,800.