Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

I've been updating things that need it and lucky enough, I can do the work myself to keep cost down for now, only because it be my first rental.any advise would be much appreciated. 

I updated the kitchen with high-end appliances, installed custom cabinetry, and added modern finishes throughout.

These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month.There are a number of low-cost platforms available that are able to offer you a lower price by passing along some of the costs to your tenants (payment processing fees, applications, tenant screening, etc).

Timely because January 31st is the deadline.Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors2024 update: While not directly related to sending 1099-NEC forms to your contractors, you may have seen the panic on social media about every $600 electronic payment reported to the IRS under a new law.

I will update my reports to federal law enforcement about these activities once I have completed debunking all of his new claims.

Plus when the lease is up they tend to move to another updated apt.  

I would shoot him regular updates to keep him in the loop.

There are so many landlords that never update their lease or other documents.

Quote from @Iris Wu: @Steve Mitrano, Hi, Steve, do you mind providing an update on what you end of doing in this case?