Advertising it as 2 would only waste time as everyone you did a tour with would be expecting 2 bedrooms in addition to a living room.

I'm sure you if search around the BP forum you will find alot of people who have spent thousands on REI programs/mentorship, only to find out when it's to late, that they were a waste of money and time.

If current tenants are slobs it's a waste of time and do what you normally do.

Can anyone speak to the effectiveness/value in the online LLC creation websites out there (ie LegalZoom)?

If so, how much of an effect would tax brackets and potential dividend extraction taxes have as opposed to simply being taxed on my share of the profits generated under a partnership?

I don't think I could select one book that drastically changed my life, but there have been simple passages or even a few words in many books that have had a profound effect on me.

Otherwise you're just wasting someone else's time.

DO NOT waste your $$ or time.

Am looking for more cost effective system to bring down trash cost.

Deep discounts to market value are possible, but, in our experience, rare {most markets in Canada are small enough that inventory levels are moderate and there is no need to dump the property}.Lenders - particularly the Big 5 banks - tend to prefer Power of Sale as it's more cost effective for them: No/less legal expense; they do not need to maintain the property while it is for sale; the owner/borrow is motivated to get the best price possible for the property (and not to trash it); and, if the property sells for less than the note, the borrow is still on the hook for the balance.