We have done well with showmojo integration into things, and I have been testing and refining automated e-mail/text in concert to tenant inquiries, kind of tying the various systems use and user instructions together via that automated conversational part. 

. $500.If there are truly 3 layers of roofing on there, definitely needs to come off at some point because the structure is more than likely not designed for the weight; but for now, just patch and go.

Plan for licensing and inspection hassles and delays.Be careful how much weight you put into a prop mgt company's casual answers about the market.

--James E.

Quote from @James E.: Quote from @Tim Ryan: I'm not against paying for education and coaching.

Most buyers seem OK with a P/E that’s a lot higher than I would be comfortable with. 

Try buying a MF in E Clev, good luck there is no inventory for a reason :)  Again I am going by my 10 years of doing 100s and 100s of deals there, 1ks or reno/repairs, 1ks move in and outs working with all the govt agencies.

Rather than setup LLCs for each property and deal with the added expenses and book keeping,  we just file them on schedule E and I have a butt load of liability coverage.If I keep them,  I might want to restructure as part of the refinancing to reduce my exposure and maybe even set them up so the kids could take over without having to be actively involved. 

Then, on your taxes, make sure that Schedule E is filled out for the room/unit that you rented.

A single member LLC may elect to be treated as a disregarded entity on the member's federal income tax return and report income and deductions on Schedule E of the 1040 rather than filing a return separately for the company.