I need a 24 hour contact within 30 minutes of one property now so the town is essentially forcing a PM for a room rental which seems a little excessive.

They asked me to return the excess money of $20500 immediately, but I told them I would only return the money after receiving it.

Does anyone list particular debt limits (like, "no debt in excess of $1000 that isn't in a payment plan") as part of their screening criteria?

Hey @Julia France, You maybe do NOT want to use bonus depreciation if the losses created are excessive passive losses and you don't have a lot of passive income.

I've raised in excess of 20 Million over the last 10 years and the best advice I can give is do not ask for money.

Since currently I have "excess income" from my w2 because I do not need to pay primary mortgage, I could re-invest the money to property that gives "lifestyle benefit", just like you building cabin in AZ/lakeside/etc with minimal risk.

I think almost half the cost comes from the teen driver.Additional $345 annual to add $1M excess uninsured / underinsured motorist coverage.A $2M umbrella on top of a $2M STR policy might seem like overkill, but it's a big three-story house with seven bedrooms, max 19 guests. 

I would focus on screening your tenants for background, credit, and income to try to avoid an eviction and excessive damage to your property to minimize your turnover expenses and vacancy loss.  

In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive.

Some investors choose or get forced based on code to upgrade the excessing panel to 200amps.