If you had a decent relationship with them and are worried about the things they could spread, I would at least make them pay that additional month and start advertising immediately.

In addition to price you should condsider the quality of the company (AM Best rates, Insurance dept complaints, reviews,....) and the quality of the agent (do they know this type of business, how many companies do the represent, etc..)

If the owner employs a management company, then the management company is required to obtain the business license - not the property owner.according to the tab (Profits Tax) on the same page above, I should NOT file form RD-108 either to pay KCMO city earnings tax, because I am a passive investor, and not actively involved in the management of my property.The problem is that, I did submitted my business license application a few weeks ago (still in the process) before I checked the KCMO web side.

It is currently a 4 unit, 2 units on each floor, and after my initial walk through of the property I noticed a HUGE unused attic that can convert into one if not two additional units. 

In addition, you can reach out to a local hard money lender (not a national lender) and they will point you in the direction of fix and flippers who would make an offer.

In addition, they have had their real estate agent manipulate the MLS listing numerous time since being under contract, which we have record of.

It adds no additional protection and will not shield you in the event of a lawsuit.

If you are under age 59 1/2, there is an additional 10% penalty.Bottom line is that we strongly recommend against using IRA funds to purchase a house you wish to have personally in teh future.  

In fact, providing substantial services changes STRs from a rental activity to a business and triggers self-employment taxes on the net profit.

Hey Cody, I would not continue to expect the homes to appreciate as they have in the past, so I would definitely look in to trying to find something off-market, or by offering lower than listed on stale properties that have opportunity for some value add. It