Pull the right permits and work with reputable contractors who will warranty their work...making those warranties transferable will be a huge perk to potential back end buyers.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

What a great analogy lol Not decided on that strategy, just researching about that specific one.The main reason was because a land trust can be a co signee on a conventional loan and can help with transferring the conventional loan to an LLC later one without triggering the due on sale clause

My tenant of 1 year just moved out recently (work transfer), but during the move-out inspection we found that one of the 10X10 bedroom has all four side of the wall covered in screw holes from the time they used it as a computer room (I believe the holes were from the sound deadening foam that they used to attach to the wall) So I was wondering what would seem to be a fairly reasonable cost to be deducted from their Security Deposit for the excessive holes and needing to repaint.

In my eyes I should have not been charge an NSF charge because they did receive funds from me.As of today 10/1/24 I have yet to actually receive that bank transfer. 

Trust transfers and so can experience and knowledge!

We charge one month rent and one month security deposit before move in (make sure payments have cleared before turning over keys)  One month security is max allowable by Delaware Landlord Tenant code.If they have a pet you can charge a pet deposit (again, by state code, DE you can charge up to 1 month rent)If separately metered utilities, make sure they've transferred them into their name by providing account numbers and also a copy of their renter insurance before move in.Good luck!

@Andrew Jessup It's extremely common for the family trust to initially own the real property and then to transfer ownership into an LLC for additional liability protection, with the LLC owned by the family trust. 

I closed anyways as it was a purchase but if was a refinance I would of cancelled and used another lender, the appraisal you can typically transfer FYI.

You can transfer the rental to an LLC after the purchase, though this may trigger the due-on-sale clause, so check with your lender.This post does not create a CPA-Client relationship.