Due to a some confusion, I let a foundation contractor into one of my tenants' units without giving the required 24-hour notice that I would need to enter the dwelling (my manager had at first said she'd notified the tenant who was at work, but there was a mix up).

We are talking about residential subdivisions requiring earthwork, utilities, roads, SWM, etc.  

The property requires significant rehab and I am considering to put in a lower bid than the asking price.

Cons: Added time and mental energyOption 6) Sell the entire portfolio and move cash to REIT index fund -- Pros: Eliminates all time requirement, Eliminates cash crunch, ~9% expected returns.

Managing the $26,564 renovation budget required careful oversight to ensure timely completion.

Managing the $14,700 renovation budget required careful oversight to ensure timely completion.

Managing the $50,000 renovation budget required careful oversight to ensure timely completion.

Here is a quick run down of the different areas around the lake in regards to STRs: INCLINE VILLAGE & CRYSTAL BAY, NEVADAAs of right now, a permit is required, but there are no caps.

As for a W-9, that is required if you're reporting to the IRS that company/person's earnings and technically is required for anything paid over $600 (I believe) to a single person/entity in a given year so you can issue a 1099.

If so, depending on the age of the tenants and the length of their tenancy, you could be required to pay a relocation fee between $10k to $30k to leave.