@Derek Walvoord we use VAs for administrative tasks.  

Real estate taxes, insurance, management fees, vacancies, administrative costs and maintenance only total $2670 per year????

Here's another one usually overlooked - Nursing Home administrators.

Contract administrator/ purchasing/procurement.... etc all help w/ skill set useful to investing.

If the tenant does not give permission, the municipality can do one of two things:  get an administrative warrant (which does not require probable cause) or wait until the unit is vacant. 

However, I'm interested in more detailed guidelines regarding the specific categories of expenses and income, as well as any operational assumptions you might advise.For instance:General and Administrative Expenses: How do we determine if costs related to software, credit card fees, office supplies, etc., are reasonable based on the size (square footage) of the facility?

By doing this, you as the lessor get to deduct items such as acquisition interest, depreciation, repairs and maintenance, insurance, and administrative costs.When interest and depreciation deductions are exhausted you can then transfer the assets to a family member in a lower tax bracket or you can sell the assets to the corporation.

Many investors do not use this type of entity because there is a fairly high cost to create it, and it usually is administrated by a professional Trustee, which has a cost.

Hi,The Federal Housing Administration has long been a channel where borrowers who fall within the guidelines can turn to get a loan.

P.S.I've received a message that said to notify an Administrator but there is absolutely no information on how to do so!!