In speaking with the property manager she issued the Tenant a 14 day noncompliance letter to purchase and repair the garage door on his own.

Most of the GP/LP syndication posts I would summarize as due diligence issues.  

Neither of those calls were in reference to accounting issues.

What are some common structural issues that home owners encounter in Santa Fe?

However, being worried about finding a qualified tenant in the winter certainly wouldn't be an issue here... the demand for rentals is so high.

No zoning issues with your proposed use of the property?

I have had unexpected issues pop up way too many times in the last few years, and each time I was very grateful for the extra capital I had stashed away.

Self-managing a rental property can lead to a variety of issues for inexperienced landlords, especially if they reside in a different state then the rental property.

I'm reaching out to share a cautionary tale based on my recent experience with a fintech bank issue involving Yotta and Synapse.

Just like you would do with any non-family contractor working for you:- get them to complete Form W9 for you, as you will need their SSNs- have them provide receipts for materials/supplies and keep those receipts- have a written labor agreement (how much and for what) - pay for materials separately from labor- make all payments electronically rather than cash so you can trace them- pay out of your business account, not personal- issue them 1099s next year if you paid them $600 or more for labor (for the whole year, not per job): https://www.biggerpockets.com/forums/51/topics/1167632-expla...