I am request assistance from a wise rental property sage on how best to organize rental property paperwork. 

If you're well organized and have done your research, they're typically pretty common sense people.

In your Articles of Organization you have to state who is the Statutory Agent, which would just be you.

That is a little bit of a testament to our organization and our systems, but much more of a testament to the use of the internet in the local area by government officialsOf course, I can map the property and see comps.

However, I think most people tend to be overly optimistic as it pertains to real estate and often make decisions without looking objectively at the actual numbers.

Hi @Brandon Roundtree, I would recommend checking w/ your local landlord / rental housing organization as a lot of times they'll be able to provide forms and resources.

Michaela, I really want to hear more.I am very attracted to rooming houses myself.My reasons:I work with several homeless organizations, as a volunteer.

But if the house is a tiny 2/1, 800ft2 cottage in an area that is building 4/3, 3000ft2 houses, then its likely wasting time, as most would be looking for the land to build the bigger house and see it as a tear down.If you primary objective is the sell it, talk to a local realtor thats familiar with your area and see what they think.

If it's a larger organization, feel free to inquire about their staff qualifications.2.

Lease to the organization and let them take care of the occupancy issues.Might search for "making money in non-profits" as I believe we touched on these aspects and working with community organizations.Trying to break into assisted health care living today is no arena for anyone without a health care background, deep pockets and compliance experience. :)