Also, there may be state regulations as this would be considered a form of submetering, and you need to ensure that you follow the procedures that are outlined for compliance.

Because I have served, giving blood sweat, and tears with some of our nations finest men and women, and have a great love for them. 

Has anyone been through something similar and can provide a bit of insight into the process/procedures?

The best way to serve your client/customer is to provide clear policies and procedures and then stick to them.

Fellow Illinois landlords and property managers,A year ago I rented a home to two individuals who met most but not all of my minimum requirements.  In order to mitigate risk, I asked that they provide 3 months of secu...

Well I want to get started the right way so I started up my LLC and getting all my stuff tagged along for Oregon.I searched for Oregon LLC / LLC Oregon to see if anyone had posted their "start up procedures for getting into real estate in Oregon.I think I might share my start up experience and where I went so I think i'll be making notes and putting together another post so anyone in the future, looking to get into real estate can see my process and what I did and any issues that took place or steps I swapped around.Thanks everyone!

Every state is different in their foreclosure laws and procedures. 

I would recommend having the process from screening to move in laid out in a “Application Procedures” document to give them in the future.

If you can't pull that out, then it may be in a Policy/Procedure document which you will have to make a special request for.2. 

A 1031 exchange enables you to defer the taxable gain if you roll the proceeds from the sale into the purchase of another property using a specific procedures.