Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.

Should I first consult with an attorney to discuss my options, or can I move forward directly with legal action?

Many attorneys charge a consultation fee that will be credited to my bill if I continue to work with them but I don’t want to pay for various consultation fees unless I know for sure that I have contacted the correct attorney.

My expertise spans residential construction, and I recently started my own virtual residential construction consulting business to share my knowledge and help others succeed in the industry.I’ve successfully flipped multiple homes and am now looking to expand my investments in long-term rental properties.

Hello Brody, Sounds like you need to plan ahead and have a high level mortgage planning consultation so you do not run into problems and lose money.

I'd recommend consulting a local contractor or real estate attorney to ensure all changes meet city codes and to help streamline the permit process, especially if you’re aiming to use the properties as rentals on Airbnb.

thank you very much. a lot to digest. it sounds like if my Solo business takes my existing 401k (only 401k funds I do not have roth funds) and my business pays me to flip homes and consult, then i can put my funds directly into the 401 solo plan. i will definitely reach out to my accountant as well. 

@Renee Ren before you make any investment via Fundrise or any other crowdfunding marketplace, please carefully review the liquidity mechanisms as described in the offering documents and consult an experienced securities attorney if there is any ambiguity.

A regular camera will monitor more of an area, but it is nice to have the doorbell version so if the house is empty and someone rings the doorbell, you are notified and can talk to them through it. 

The tenants who rent those units are college administrators, physicians, consultants etc.