Segmented / accelerated deprectaion - many investors will look to sell after the accelerated deprecation is completed.aggressively set basis - limiting value of land Repair vs renovation expenses Self manage vs property managerKid labor  - pay own kid to mow the lawn, etcexpenses associated with buying and owning propertyChapter S vs LLC - you can pay yourself as an employee and retain earnings within the entity.1031 exchange - It is a tough thing to make happen.  

The property has essentially been de-risked while we still retain ownership.Challenges Encountered: Our team had to get the right onsite team in place that believed in the vision.

By 10 years, you should have between 15-20 homes, all cash flowing about $120/mo and building about $50k-$60k in equity every year with a $2M portfolio... of course, the bank will own most of it, but you will probably have about $350k-$500k in equity at that point.This is my favorite strategy that I have clients using as it's eliminates and manages a lot of liabilities that comes with owning rental properties.Newer houses most likely mean less maintenance expenseInsurance costs is usually lessLess chance of vandalism, theft, bad tenants, legal problems, etcTownship/Suburban family homes tend in neighborhoods with decent schools tend to retain tenants (average of 5+ years) about 3 X as long as urban or city rentals (average of 1-2 years.)

Our city has some hills and retaining walls or walls in general are very very sensitive to our city inspectors so that's another hurdle you may be weary of. 

If no one responds within a reasonable time, file an unlawful retainer.

And it's just not easy to get and retain all of that knowledge quickly.Our home inspector is the kind of guy who knows his stuff backwards.

In my opinion, it may be worth teaching them the methods to accuracy in hopes they will retain and use the information to bring in true deals and no longer waste your time.  

Are you looking to get them out, give them a reminder and retain them, or have them arrested....so your approach may depend on your goals....best of luck..

It's annoying not being able to understand/retain the stuff I read.

We will sell the property ourselves with the help of a company that specializes in FSBO for a fraction of the typical 3% agent fee.My husband will retain his job, hire his best subs and oversee the project everyday.And how do you know we will not make a profit?