If converted into a rental property, renovation costs can be capitalized for depreciation deductions.Good Luck!

Most people do not realize when someone liens a property its just a lien, but to collect on it they must file a lawsuit to collect that money which will cost them 5x more than what its worth. 

I don’t think they’d be willing to “share” their wholesalers fee with someone whose contribution is to forward the property information to 10 Realtors. 

He has done great work on my properties.

When managing a rental property, here are some common maintenance expenses to be aware of.

It is your property so unless the tenant is intentionally breaking things they should not have to pay for repairs.As others have mentioned, it is hard enough to get tenants to report small issues that can and do cause larger problems when I am not charging a fee, you are opening yourself up to major issues if tenants are reluctant to call because they don’t want to pay a fee.

The property manager works for you.

They find the property, manage the renovation and furnishing then manage it.

I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Currently I haveHome folder>multi family/single family/legal documentsInside the multi family I have Name of property-> general property maintenance/first floor/second floor Inside of first floor (the one currently rented)I have, pictures (before and will have after) / lease documents / a spreadsheet with each month, what day rent was paid, if it was late, if late was fee paid?

I have rental properties in both NV and AZ, all are 1 to 4 unit properties.