This could help protect against any future lawsuits. 

I would say go for it if that is what you expect to incur in the future or you are still growing.

Plus, they provide great opportunities for cash flow, especially if you’re looking to scale and reinvest profits into future properties.If you’d like to connect or chat more about strategies, deals, or even market insights, feel free to reach out.

(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck. 

If possible, in the future I would try to obtain a copy of a standard Condo questionnaire from the HOA prior to the mortgage application process and ask your lender to review it in advance in order to mitigate some of the time and costs risks associated.

A good investor friendly agent typically does “driving for dollars,” from what I’ve heard, and they might have a direct line on off market properties.Eyes on the Future - At 19, you can stack up quite the portfolio over the next decade.

Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.

., not available for rent) cannot be deducted as current expenses but must be capitalized, adding them to the property's basis for future depreciation once it's placed in service.

In honor of Halloween what are the scariest things about investing past, present, or future for experienced investors? 

Again, if this becomes an issue in the future for your other tenants, then I would consider not renewing their lease.