This is such a small property in such a large County that I doubt you would be "drawing any unnecessary attention." unless something was truly off.    

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

Straight am doesn't add that much more for you while IO adds a level of complexity and seller convincing that's unnecessary. 

You will never have pet damage if you do not allow pets, except for those tenants that bring them in anyway.Pet fees will not cover the damage caused by the worst pet owners but imposing pet fees on good pet owners is defiantly a way to increase your profits.

Unnecessary?

An S-Corp in this situation causes unnecessary additional taxes to be paid due to the requirement that the S-Corp officer/owner MUST take a "reasonable" salary and additional SS/MC must be paid by the Corp that is then "lost".3.  

This leads newbies to chasing loan investments with greater degree of risk which often leads to loss or at least unnecessary risk.  

Relying on the MC to remember to look at your Lender Conditions (on average once a week), results in even further delays.There is also not sufficient training provided to the MCs and their response of "NO" to everything they are unfamiliar with causes unnecessary frustration because at that point the NACA employees become the obstacle to homeownership.

I actually have no idea about which other area's have excise taxes and how much, but they definitely discourage unnecessary buying and selling. 

Originally posted by Account Closed: The Five Most Common Ways to Pierce the Corporate Veil and Impose Personal Liability for Corporate Debts Jimerson & Cobb P.A. 1.