We are prepared to eat the cost and call it a loss but not without a tiny fight to show her that she can’t just do this to people.

Make sure you do the things to get prepared to make it all work.

Due to the age of properties here in New England this is always a risk if you aren't prepared to deal with the work or expense. 

To get that you need to be preparing the suit, getting the bond and filing the necessary pleadings for an emergency hearing during the same window of time that the recipient is thinking about how to hide or spend the money.  

However I did find that HRB charges a fee for every W-2, 1099, and P&L as well as any other form you gave them when preparing my taxes so what was once a $300 tax prep had turned into about $1700 the last year he did them.

I'm pretty experienced in long term as I have 17 rentals already but I'm preparing an offer on a bigger multi family complex "32 units" so was looking for proper guidance.  

Proof of Services.Be prepared to provide proof of the services performed and hours worked, especially if the IRS requests this information during an audit.6.

@Doug Kirk congratulations on preparing yourself to take the first step!

Essentially, how much equity should I be prepared to split with in investor in order to not bring additional cash to the deal?

Also, if anyone on the forum has recommendations for a good Chicago eviction attorney and process server for a 5 day notice that would be great also.I just wanted to prepare in case of need to escalateThanks