It helps you build credibility with other professionals (you know HML, Contractors Etc.)In AZ I learned from my CPA that from the founding of my LLC I can write off my entire cell phone and internet bills at home as they are essential in my home based business of real estate investing, without the LLC I was only allowed to write off the percentage portion based on the square footage designation I gave to my home office space, that is 10% in my case, which I still can use to write off part of my electric and mortgage payments since it is still used as home office.You can start building your brand now, rather than waiting and hoping that no one takes your company name/idea...

Having something in writing is always a good idea, especially outlining what is and isn't shared (e.g. common space, garage, outdoor space) with others.  

Have a space where they have to sign this disclosure - and verbally stress this section when they're signing.

Although I stay away from the low income properties for the most part I know a lot of the guys in that space and could maybe give you some recommendations. 

Given the limited space in the units, I'd expect rather high turnover regardless of where it is located.  

Usually you see signs on the outside ground level, up in the attic or in crawl spaces.  

I figure this is a good long-term strategy for a young professional who lives alone with no real need for the space that I could get from a single family.

We converted this space into a walk in closet and built a separate washer/dryer closet access from the hallway.New master bath:Old master bedroom:Same view now:Kitchen:

Then right after - no space - Type the first name (With a capital first letter), space, last name.  

Visualization of all attic and crawl spaces is coming down the pipe.If you re-analyze the value using more recent comps, what value do you get?