@Kimberly Veloz I would argue that only way to generate "hot" leads is to get in with a really good broker that is getting really good deal flow.

They will want rent credit versus paying the rent and can argue with not getting paid enough. 

@Thomas S.....I swear you are like a "brother from another mother" when it comes to your posts on BP....99% of your posts are like the words coming out of my mouth...seriously.....not kidding.....But I would argue that in some cases it may be a better financial decision to do cash for keys vs a legal eviction.

I know you can't use "Realtor" without special circumstances, but could I name my average-joe landlord business something like "ABC Realty, LLC"??

If you can argue your bid and it makes sense to your business plan i'd say go for it.

I have sold a lot of businesses in Oregon and it's soooooo much easier to argue the value with a good set of books. 

Rich Dad Poor Dad, Millionaire Real Estate Investor, Multi- Family Millions (Dave Lindahl), ABC’s of Real Estate Investing, The Book on Rental Property Investing, Hold, The Advanced Guide to Real Estate Investing, The Due Diligence Handbook for Commercial Real Estate, Millionaire Real Estate Agent, The Book on Managing Rental Properties (Brandon Turner), The Emyth RevistitedCrushing It in Apartments and Commercial Real Estate, Emerging Real Estate Markets ,The ABC’s of Property Management, Wheelbarrow Profits, The One Thing, Outliers, Start with Why, David and Goliath, Chasing Excellence, Extreme Ownership, The Compound Effect, The Entrepreneur Roller Coaster, Be Obsessed or Be Average, The 10x Rule, The Obstacle is the Way, Ego is the Enemy, Am I Being Too Subtle, 48 Laws of Power, Atlas Shrugged, Man’s Search For Meaning, Sapiens, Tools of Titans, Four Hour Work Week.

It’s hard to argue with cold hard math.

I never go by the letter of the law as I am always more conservative and ask myself wouldanybody argue this is unfair because a judge oftentimes does whatever they want.

The IRS says you need to divide the sales price evenly (if you calculate depreciation on the rental based on an even initial basis, which I do), although I could argue the value of the personal residence is double that of the rental - hence all the improvements made.