Therefore, if you have a variable interest rate mortgage, you must budget for fluctuations in the financial market.Maintenance & repairsBudgeting maintenance costs is vital to maintaining healthy cash flow.

Hi friends,I have a vacant, well-maintained carpeted property that I am marketing.Since 70% of tenants are pet owners, I feel that I am missing out on a large market.However, I also don't want the hassle to completely replace my carpet after a tenant with pets moves out.

@Greg Dickerson hit the nail on the head with respect to the fund of funds.To add to this, what I suggest is that you approach this issue from the soft side, which means building and maintaining strong relationships with your investors because, at the end of the day, they are your investors.

The goal is to achieve and maintain financial freedom.

After reading this, I am thinking online for day to day stuff and maintaining our relationship with the current local bank where our our account (both business and personal are) for lending.

You could work out a "family trust" or another legal structure where you manage the property, get the cash flow, but maintain the rate.

You have a right to maintain your property and the tenant must give you access.

I am a licensed GC in WA state and I am required to maintain a $30,000 bond which is for instances just like this.

It’s maintaining your personal focus and not feeling overwhelmed.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.