Most focus on the fees and management rates but the most critical part of any PM agreement is the authorized agency that's created to act on your behalf and there may have been protocols that have to be followed in order to supersede what's in the agency agreement.

ORGANIZATIONAL DOCUMENTS ON THE BORROWING ENTITY: They will need* Filed Articles of Organization* EIN Letter from the IRS* The fully-executed Operating Agreement for the Entity (By Laws for a Corporation)* Meeting Minutes Showing the Signer has the Authority to Sign and that the project has been approved by the board of the entity. * Certificate of Good Standing for the Entity DRIVER’S LICENSES FOR EACH GUARANTOR: Please be sure to get a legible picture of the front and back of the document.

I have contacted The Authorities and I will let them Folks handle the situation properly and thorough. 

In FL, after 30 days they have to go through the court system.If you just pocketed the money and did nothing then you should have something in your lease that authorizes you to claim the $500, like a smoking fee.

To get operating costs: Most places the city water authority will give you 1&2 year averages (as will the gas and electric companies to determine other landlord provided utilities); your insurance agent should be able to give you a pretty close per door quote on insurance; you should be able to call the current trash provider for a price.

Building positive relationships with neighbors and local authorities can support your venture and help mitigate potential conflicts.Financial Considerations: Evaluate the potential costs and revenue associated with renting out camping areas on your land.

"Ted Lanzaro: is a CPA, author and speaker specializing in taxation for the real estate industry.No, there is a three part test - do you have basis (probably yes because you put &’s in), can you qualify as a RE pro (yes), did you materially participate in the activity of the entity (no - this is where you fail the tests).

He also brags he is a best selling author on amazon but he cheated the algorithm with amazon by making his students buy his book on a specific day and hour.

An enrolled agent (EA) is a tax professional authorized by the United States government to represent taxpayers in matters regarding the Internal Revenue Service (IRS).

I've used various types of lease formats for different owners, and have never had an issue with the lease format for either one of the housing authorities in Dauphin county.