The government has set it up so that if you use some good accounting strategies you can avoid payment of tax for your life. 

One additional idea is to add a provision stating something to the effect of"This Lease is governed by the statutory and case law of the State of Florida.

The key IRS provision that governs this is in Section 469, which outlines the passive activity loss limitations.

While I believe anyone can joing CU's (unless they choose to stay private) they could have special considerations, like government employees/servive members where collections are a walk in the park so to speak.

The landlord may be planning on making it their 2nd home or any of numerous possibilities that the government removes with any law that changes that.  

Well, I visited both places, and still couldn't quite figure out how to print a list, the computer would only allow you to search a name..

Hi @Troy Kehoe, I always point my clients to the city government development department when determining what pool protections they need to put in place.

Lower electric bill, carbon foot print, blah blah blah. what's not to love.BUT I'm in Florida, not sure about you.

This suggests some volatility in the market.Investment Considerations- Long-term Potential: The presence of a dedicated economic development partnership and active city government suggests efforts to promote growth, which could benefit real estate investors in the long run.- Property Management: With companies like Champion Investments managing a large portfolio of properties in the area, there seems to be a robust infrastructure for property management, which could be beneficial for out-of-town investors.- Market Knowledge: Local real estate companies like RE/MAX Select, with their 18 full-time agents, indicate a strong local real estate community that could provide valuable market insights.In conclusion, Shelby's real estate market shows potential for investment, particularly given its price growth and strategic location.

We all have short memories or those that are newer simply dont know and they dont read the fine print of their mortgage docs..