Increase Your Cost Basis: Document and include the costs of significant improvements made to the property in your cost basis.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

These lenders care more about the value of the asset that is financed rather than your credit score or income documentation.2.

I’d like help forming an LLC and operating agreement and reviewing some of my rental documents.

Most often the application process takes longer because previous landlords do not respond in a timely manner, jobs verification doesn't respond in a timely manner, and the tenant doesn't provide the necessary documentation.

Good news is the FED reimburses you $750 ,so you actually make money,  Where do you go to request the reimbursement?

Most of my renters choose #1 because it provides a clean break.I document everything and I don't accept the early termination notice or start the clock until they pay the termination fee. 

Both times the owner's insurance company ended up covering us and NOT the owner (their client) and the owner had to pay our legal fees.Your PMC doesn't seem to be on top of this and you state is already blaming you, so you may need to document that they are the problem, not you.

You can combine both sources in one document to strengthen your proof. 

.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.