Hey Guys - Hope the cool days recently have been treating you well!

Just don't put up with ******** from your tenants, treat them like any other tenant, and you'll be just fine. :)

Treat them like a team member, not an enemy.    

There may be different traditions for naming these in different parts of the country but I think by your state laws they are treated the same. 

Depends, I guess.But after 4 years, for something that is fragile, I'd be inclined to treat it as wear-and-tear and replace it myself.

In my experience I have found that if you treat your tenants with respect and ensure that all reasonable repairs are completed in diligent fashion people have no reason to go.

Pre foreclosures could be treated differently because you can work with the home owners on selling before entering into bank foreclosure.

All of them seem to feel they were treated unfairly. 

We have found it essential to visit our properties and look for things an owner would notice -- is it time to repaint outside trim and porch rails, treat decks, repair loose fence pickets, etc., items that would get very expensive if neglected but tenants don't ever call about.   

Guillaume:The reason you were taxed as 100% income versus capital gains was more due to the nature of your transaction (i.e. subdividing, flipping) which saw the property treated as inventory not a capital investment and not because your purchased the property with a corporation (we do that all the time).Corporations can realize capital gains just the same as corporeal individuals.