Every time a person has argued about getting "bullied" on fixing a property, when I press for the required repairs, they are always legit, things any intelligent landlord should have done anyways.

You report your income and expenses on IRS Schedule E so download the publication for that schedule from the IRS website and review it....also, Nolo Press has an excellent book on tax advantages for landlords that is worth reading.

When pressed for tough answers I've found many responses to be rather evasive or vague - a sure way to get a "dial tone" from me :-) One in particular had gotten into a 'program' that was rather brilliant (at least from an outside perspective once you saw how the thing was actually structured)... essentially an internship that the intern PAYS the sponsor to learn the ropes, then go out and hustle your contacts for funds in exchange to be a GP - and sign a note!

You will be hard pressed to find a lender for used mobile homes.

I guess they were feeling the heat from all the negative press they were getting.

FBI — Thirteen Charged in Mortgage Fraud Schemehttps://www.fbi.gov/cleveland/press-releases/2010/cl042810.htmApr 28, 2010Home • Cleveland • Press Releases • 2010 • Thirteen Charged in Mortgage Fraud Scheme Info This is archived material from the Federal Bureau of Investigation (FBI) website.Five indicted in $4.1M mortgage fraud scamhttps://www.cleveland19.com/story/22712086/five-indicted-in-multi-million-dollar-mortgage-fraud/Five people have been charged with taking part in a $4.1 million mortgage fraud scheme involving six luxury properties in Medina and one property in Gates Mills. ... $4.1M mortgage fraud scam ...FBI — Twenty-Six People Charged or Plead Guilty in Northern ...https://www.fbi.gov/cleveland/press-releases/2010/cl061710.htmUnited States v.

I currently live in the Grayhawk area in North Scottsdale and you’d be hard pressed to find a single multi family property that has hit the MLS under $1,000,000 in the last couple years.

In this example, and using very rough numbers to help illustrate the idea, let’s assume you already have enough money in reserves set aside for vacancy, repairs, and capital expenditures, and don’t have any pressing bills or obligations you must take care of in the near future.

I ask for 7, most owners ask for 1.Try Nolo press for leases appropriate for your area.

NV Department of Employment Training and Rehabilitation issued this  press release showing Reno area YOY employment increased by 8500 jobs, or 3.4%.