If in a lease, tenants agree to properly care for the griddle & grates, but then they don't, can they still argue that rust is "normal wear and tear"?

So, you can put them in an LLC that you own 99% of and your wife/partner owns 1% and put all the properties on a 1065 Partnership return.If you have enough insurance, the proper coverage and avoid "dumb" mistakes that void your coverage, you don't really need an LLC.

Proper has the most comprehensive coverage, but it is usually the most expensive. 

This is an official letter that the eviction process has begun and they need to either pay or leave the property.

And you want the person you’re doing business with (your buyer or seller) to be someone you can rely on to work with you, not against you.This might seem like a silly word to use in the context of these very official business transactions, but I stand by it: You have to pay attention to vibe.You know when you’re not getting a good feeling from someone.

Some agents classify it as a ‘commission rebate’ or ‘buyer credit’ and deduct it accordingly, but you’ll want a CPA to confirm how to structure it properly.

Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!

Carlsbad officials are required to notify Native American tribes within 30 days, and tribes have 30 days to respond if cultural resources might be affected.

Crossing the lines may not provide proper liability protection.Personally, I just kept my SF rentals in my name and got excellent insurance coverage, $500K per property plus a $2M umbrella.

Proper secondary escape/egress, ventilation, etc.