@Todd Goedeke I would have to disagree.......Why would this be a blanket rule across all municipalities? 

It depends on the deal, but what we did was give the PMP (Private Money Partner) 50% equity in the property to fund the entire entry fee.Thats not necessarily a rule of thumb.This to me is a sliding scale based on the Cash on Cash return you can expect.Further , we offered our partner 75% of the cash flow until they are paid back in full, then the cash flow return drops down to 50%.All liabilities would also be split 50% with this partner.We called the company we use , who establishes our LLCs, opened an LLC, wrote up an operating agreement and a JV agreement that outlined all of our responsibilities for the asset.

There are just too many counties & rules to learn from each.

Fine for not following this rule is $50 per occurrence". 

Guesty looks and feels easy to use, but is priced much higher (I recently met with them and did a demo).

Washington state is very very tenant friendly state the rules for landlords are extensive.

landscaping the front +$making it have curbside appeal+$needs new air and heat and venting$8000All plumbing fixtures will not be easy to retrofit, better to rip it all down.How does the shower pan and tub floor look?

It's been a reliable tool for us, but like any tool, it's crucial to know how to use it properly and not rely on it blindly.I've noticed that many investors tend to use rules of thumb when analyzing properties instead of diving into the specifics of each property.

Most of my investors that buy around colleges like to stay within 2 miles as transportation to campus is easy/cheap/walkable/bikeable.

In general, travel for business(education, networking) is deductible if you are already in a trade or business(I.E. have a rental, flip).There are unique rules to deduct foreign travel costs.attendees may have a more difficult time writing off the cost of the trip if they add significant vacation days(no business) before or after the trip.However, you can plan properly to make the trip 100% deductible.