But if you're just looking for practice, there's definitely no harm in looking in other towns and analyzing deals there.

Interested in some people with experience thoughts on the practice as well as how to price on the risk.

I want the Seller to call and verify it and strongly encourage this practice within our industry.

I've received 3 quotes to correct this problem, this will cost $11k-$15k to fix (they will basically drill small holes at the bottom of the basement to allow the built-up water behind the wall come into the basement, and then create a trench in the basement along the wall so the water goes to a sump pit, and then let the sump pump pump the water out of the basement to the backyard away from the house...)The next large issue is my 2 door garage openers can only be operated manually due to previous owner damage, and after 4-5 quotes, due to some other complications with the garage area design, the manual operation seems the most practical now due to cost and other limitations if I attempted to try to get it fixed.So my concern with the sump pump is, I do not think many people have those in my area, and if I were to sell the house in the future, it may be a potential reason some un-educated buyers may decide not to buy the home if they see one in the basement.

Hi, Fellow STR investorsI have seen many posts on this topic, but I am still a little unclear on the best practice for this situation: what is the best way to deal with guests requesting to stay longer than 28 days (or 30 days for some places) and therefore have tenant rights?

Is there any standard practice to break TCC something like      Site preparation and other works 4-6%,            Service works 14-19%,        Finishing works 20-25%,       Civil works 50-55%,            Consultation charges 3-5% of Total Construction Cost estimations?

Best and safest practice is to acquire under the name of the four member LLC.  

Is it a good practice to set rent-to-income ratio requirements for applicants? 

I could certainly use moving, cleaning, and other relocation services as an option.I also agree about it just being another tool in my box of skills and an amazing lesson.

People have to be more practical.