Self-Employment Opportunities: Would it make sense to start a side business related to my rental properties (such as property management) to access more deductions?

They are a great crowd, and networking was amazing.I just finished the self paced course and just got off the phone with them concerning the Gold and Platinum programs for mentorship.  

I am not yet familiar with the management fees for an STR yet as we self manage, however Cleveland itself is currently STR friendly and just requires them to be registered if you have stays over 90 days and then you register with the city and pay $35.

We plan to keep them on a month to month lease but after a few months, have them sign a year lease and increase rent, however, we need help finding a GOOD app/website to get lease agreements/documents from or get a template so we can fill/add certain things we want.

in a stick frame market and one of the cheapest markets to build we build with margin at $190 or so a square foot. that will go up over time about 5% or 10% a year to keep up with new build price increases. we are buidling a 3 story walk up and source some of the lowest priced crews.

For example, the seller could receive a percentage (say 10-15%) of the $150K equity increase upon refi. 

.- The new PMC you want to hire will have to increase your Placement Fee, so they can offer a commission to an agent that brings then a tenant.

They’re “meaner” than me so they charge late fees (I get 1/2), file pay or quits, and increase rents faster and further than I would.

So, I would work to increase your knowledge and experience and really identify a strategy that suits you before moving forward with anything. 2.

But, the self-sufficiency test for FHA loans can be really difficult in SF, meaning that the market rent from units you will not occupy must be sufficient to pay for the mortgage payment.