I usually just put it into the 'construction/reserve costs' field. 

Where You Live: It's usual practice to register an LLC in the state in which you call home.

My designer usually charges $2.50 per foot for furniture selection and I have my workers assemble and put everything together. 

G'Day Amirra,Yep, pretty standard is 1 months rent.A new twist to traditional property management fee's that I like and that we implemented is a flat monthly fee (Like an insurance policy per se) and that covers no tenant placement fee, no maintenance up-charge, no lease renewal fee, no eviction up charge.Makes the fee structure "cleaner" and easier to understand as PM's usually have a lot of hidden junk fee's, etc...Thanks and much success

@Toben B. usually under Legal & other professional fees

What do you usually look for in regards to best practices as a private lender?

Usually theres many investors that attend and are always looking for deals.

Usually, it's just a matter of giving them the property address and legal description so they can look things up.Also, in many locales you can set an appointment with someone in the zoning office if you'd like to talk to them in more detail. 

We tend to do super-heavy rehabs which usually require roofs, wiring, A/C, etc, so we usually walk the property with one of our contractors.

@Sean PetrieYes it’s a bad time unless you find some stellar off market dealThe other option is if you are looking to hold something for 7+ years then usually never a bad time to buy