Expect even bigger problems down the road.My suggestion is that you hire a professional property manager who knows how to handle this issue, along with the other 172 problems you are likely to face as a Landlord.

Before I build of course, I want to make sure it's worth it - I want to make sure the cash flow and equity will be worth the investment. 

I want to ensure my taxes are solid, since I would like to be able to qualify for a traditional mortgage next year rather than continuing to work with hard money lenders due to the rather high interest rates I deal with(I still make it work, but of course more profit to be made with a conventional mortgage).Thank you!

Of course, I was doing the bookkeeping properly throughout the year, so that helped. 

She mentioned she may be late on next rent check, and I'm frankly not sure why, but I said yea of course no problem. 

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

For kitchen pipe leaks identify the source and consult a local professional for repairs. 

I know there’s a guy named John Fedro who had (has-don’t know) a course for how to provide owner financing and I believe had a way to do it legally.

Hello, I am wondering if any real estate attorneys can please shed light on whether my current job status would qualify me as a "real estate professional".Specifically, my full-time job in which I work more than 750 hours a year is as a mechanical engineer for a engineering consulting company.

Just sent this over to a client, in place NOI yields a ~9% cap rate on this park, which of course feeds into making 75% LTV doable.