The rest of the year is a mix of Airbnb and VRBO, we no longer advertise on CL as it just didn't yield much results.  

I always refer out my good vendors, and so far they have always been very grateful and I get the benefit of priority, small freebies, and overall better work.With referrals, you are still a source of income as a customer, but you are also a source of income as advertisement, making you more valuable to them.If you have enough work to keep them nearly full time employed then it may be a different scenario.

If you get a door slammed in your face by one person, be sure to send a mailer to that address for that person (that may like that advertising better than door knocking).

For example:  Is the advertised NOI of $36,000 achievable?  

.➡️ Operating ExpensesThe IRS lets you deduct “ordinary and necessary” expenses paid to manage your Memphis rental property and run your business (i.e. advertising, pest control, repairs and improvements, tenant screening, utilities, and more.)➡️ Property Taxes and InsuranceInvestors have to pay property taxes and insurance regularly.

All I wanted to do was to see the world, get an education, meet pretty girls and all that good stuff in the advertising!".

If I recall there are 16 categories, like advertising, auto, interest, taxes, repairs, supplies, etc.

@Russell Brazil, why would you say it's illegal when Private Investors, if they don't advertise as a Lender,  can loan out their own money I believe up to 5 times per year without a Lender Lic.?

The house is set up as a two over two.Tenants currently in place and would like to stay.Property cash flows nicely and the rents are below market value so there is a value add play there as well.Anyway the title report came back and the property is listed as a single family home and also is CO'd this way.However the property was advertised as a legal two family and the town assessor is currently taxing the property as a two family.Two separate meters as well.Everyone involved including my attorney, agent, etc seem to not have the answers for me.There are no rental permits on the property either which are required in this town.Seems to be a lot of mixed information that has me considering to pull out of the deal.Anyone have any experience with this?

Even if you start out wholesaling you still need capital for advertising and marketing.