As I consider war zone and slumlord, section 8 tenants couldn't live there since those properties would not pass inspection.Jimmy, I have had years in the non-profit housing arenas and all social support organizations (NGOs) and government offices (police, fire, health, etc.) meet and discuss these topics.

Just because you have a non-profit organization does not mean you can't make money.

I'm here as a retired volunteering expert in structural wood destroying pests and organisms.

In our area, and I'm sure in yours, there are a few organizations that take care of abandoned and abused children.

Income taxes may be marginally lower than they have been, but inflation tax, tax on inflation tax, and hundreds of other miscellaneous taxes are still taking from the productive sector of society and giving it to a bloated organization in an attempt to engineer everyone’s life for them.

The owners, called "Members," file Articles of Organization and set out an Operating Agreement.

It's all public information in Colorado, just gathered and organized conveniently into an excel spreadsheet.

Please do not forget to post a reply on Ron Ballard post to help up the ranking of his post so more people will find it organically.

If you have a property that is located in an area where vandalism is the sport of the day, you can't really tie a set reserve to any index, like property value or rents, it will have to come from experience with that property.Being in a financial positiomn to cover any uninsured damage is the goal, if you can do that from day one without a "sinking fund" startegy, all well and good, but if you can't, I suggest you set aside all that you can initially and establish your reserve as quiclkly as you can (hopefully before your fisrt lease is over).What you need to assess is the risk of wear and tear as well as damage that is uninsurable for each property and then assess the risk in light of the probability of losses occuring at or near the same time on other properties.Never think that since you have quality "maintenance free" properties in great locations that you won't have any expense in the first or first few years.

However, a person who wants to be at his kids school/sports events, etc. but fits that into an irregular schedule can be perfect.