For a beginner, I think , that is a recipe for pain (at least initially). 

For furniture imprints, try ice cubes - that's what my wife tells me at least.Get an invoice for cleaning so you can deduct appropriate amounts from the deposit.Cleaning mini blinds - that can be a pain.

Since the buyer took a risk in buying and the lender took a risk in lending 100%, then maybe the pain should be shared.Didn't personally partake in the latest borrowing/feeding frenzy so don't have to make these choices but know people who are only guilty of buying a home to live in and can't move on now.

As per our lawyer it is legal…I also itemized a list of repairs/remediation for my own kicks (odor removal, patch and pain holes in walls, scratches in floor from dog…) they have $8.89 left according to that.Either way...big development!!!

If your asset LLC rolls up into your manager LLC and pays you as the investor you will have a little less administration over all of the business activity.

Isint it getting to be a pain to have little SFHs?

I feel ur pain.

My plan was to contact the family, help them open probate (quite sure she died intestate), and buy the  house from the administrator (minus liens of course) or pursue a short sale.

It was a match made in heaven.So to get started I agreed that I would do a 50/50 partnership on one house and I would also provide 50% of the labor on the rehab along with handling all of the administrative work on the project.

It is a pain but at the same time it is a barrier to entry meaning less people have access to that list and in turn less competition.