Hi Folks,I’ve got eyes on a property that will likely hit 2% rule after some light fixing up, in “downtown” Urbana.

Greens book and am looking for some other experienced investors out their to see how they identify a market green light.

So there is possibly light at the end of the tunnel if it comes to that.

Bolt.If you want to do a storage deal, start with the municipality and make sure it's zoned properly and what they require for such (fencing, lighting, etc). 

Both are rehabs, one a heavy rehab, one a light. 

I replace my own light fixtures and broken appliances. 

Want to act as though I am a tenant as well and setup a 3 unit structor.Goal is to keep CPA workload light and maximize my profits while limiting costs.Was thinking - 1 Business Checking account (Property): tenants Zelle rent to and all bills are paid out of, reserves (Cap Ex, Repairs, Vacancy) kept.- 1 High Yield Savings (Business): Majority of CoC return deposited for funding future business acquisitions (earn some interest while building funds). - 1 High Yield Savings: for deposits (pay tenants required interest and transfer rest to Business Savings account.- Personal Checking: Drawing funds, receiving refunds for business purchases, add funds to business account if needed.I made a terrible drawing to help as a visual aid.

Then send your tenant a written warning that one more incident will result in termination of their lease.

That will quickly come to light in court. 

@Bill Brandt I could just change all my addresses, but since you dont get a warning before hitting jail, I'd rather not risk it.