And the ability to adapt is critical: we have seen so many STRs pop up in Milwaukee over the last years, that only the best thrive.Speaking of it: next week at RPA-CON we have a session about STR vs LTR.

You can do all of those to increase value or sale ability. 

If things don't play out and I have the ability to go wherever I want, then absolutely this would be the plan.

Then set up a bill-back for this service.

Yes, you read that right, the American system was designed to best facilitate FAILURE not success. because when there is freedom to FAIL, it comes from consumers ability to choose, choose who is worth it, who isnt, and the poor performers fail and the good performers are rewarded. 

Now after the fact, he sends us a bill that basically outlines taking care of all the same things the other bit mentioned, but he is  wanting 23K after the fact.  

This could impact their ability to pay rent or want to renew.  

It's all about timing and the ability to finance the property.

The biggest ways IMO are MLS data, multiple solutions for sellers (off market cash deal or listing), ability to rep. yourself on your own deals (saving on commission).Commission savings adds up fast when you're doing multiple deals a year.That being said, there is cost to having a license so if you're only doing a couple deals a year then it might not make as much sense.

Creating an LLC: Forming an LLC may offer liability protection and help with structuring multiple properties, but it doesn’t change your ability to take rental property deductions or depreciation.