I understand that reading is valuable, which is why I'm curious to know which book you would recommend for a beginner like me to start with.I have yet to buy my first property but my goal is to house hack every year,  while buying and renting properties to hold long-term until my portfolio brings more cashflow than my W-2 job.

I’m wanting to know there are specific things I should add into the contract before beginning the work, ie: terms, payments, timeline, etc.

Of course, deal terms can vary.  

This is very inefficient especially in terms of rocking, mudding, taping, and painting. 

In terms of a tenant that has paid before and had a lease, who refuses to now pay or no longer has a written lease - this is still a matter for housing court as they are a holdover tenant, not a squatter. 

Historically, residential US mortgage rates are near their long term averages.

My partner actually lives in the area that we want to invest in.The long term plan is to just use this as a buy and hold.We were planning on splitting all the repair costs.Great insight though, I think we will have to go back to the drawing board and see what type of property would truly benefit both of us.

Mike,I don't know the terms of the AirBnB policy. 

In terms of making a unit legal, I was on a call last week with some alderman talking about the ADU program and some of the challenges.

Client Relationship Management: How can agents build and maintain strong, long-term relationships with investor clients?