There is a small cost to do this, but you will also need to pay and provide documentation each year to stay in compliance.

I wanted to mention that for smaller properties, there are some vendors out there who offer what they call "fake" cost segregations, where you have to get insurance along with it as opposed to the real ones that cost 5-15k.

For things like card swipes at home improvement stores, I can have them document a PO (Purchase Order) to identify which project this purchase is for.

The best accountants and CPAs will be able to offer you a secure document transfer system in order to keep your sensitive information safe, and also be able to conduct their bookkeeping and tax return services electronically as well, saving both time and money.In my personal ventures into real estate, I have started several LLCs and would be happy to share my real estate experiences with you.

You need to get your own insurance quote, understand what YOUR tax bill will be (will the assessor revalue the property to purchase price right away?)

Did you use an attorney familiar with securities to write these documents?

He’s been in the industry for 20 years, I believe he started in concrete work, the last 5 with his own handyman LLC and 4 months ago got his GC license, bonded and insured.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

To find competitive pricing, look into the rental prices of nearby multifamily properties that are comparable to yours.Take into account all of the running costs, such as insurance, maintenance, taxes on the property, utilities (if not individually metered), and, if necessary, property management fees.Take into account the principle and interest payments associated with your mortgage.