2: If I decide to rent out both the main house and this guest house within the calendar year that I perform this work, effectively converting the property to a rental property, can I deduct all this work as rental property upgrades?

I look sales for the national average for a Subway and a Starbucks and then see if they are below average, at par, or above average top performer for the company.

“Tenant’s failure to maintain any item for which Tenant is responsible shall give Landlord the right to hire someone to perform such maintenance and charge Tenant to cover the cost of such maintenance.”

http://www.com.ohio.gov/documents/real_HBGWebVersion.pdfA real estate broker is required: http://codes.ohio.gov/orc/4735.02 but by definition in http://codes.ohio.gov/orc/4735 you are not 'for a fee' or 'for others', performing broker functions: "Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate..."

I have my ducks in a row but need someone professional to perform from start to finish.

The agency I signed with does not charge membership fees but operates on a performance based sliding commission split structure.There's lots of places to choose from so don't just settle on the first offer that comes along.

there are a lot of skilled trades who can perform certain tasks under the supervision...but never bothered to go extra mile to get insuranceI am just looking at the standard ACORD form "certificate of liability insurance". none of the limits talk about covering them from getting hurt :each occurrencedamage to rented premisesmed expenses --> this one refers to med expenses of a person who gets hurt as a result of their actionsetcMy main concern is to make sure I am not liable for them getting hurt.

I am performing due diligence on my first deal and find out the seller can't/won't prove the income on the property, what now?

You may not believe it but we've had investors trying to obtain options to purchase with owners holding a life tenancy reversionary deeds, wanting to build a rental unit on a meets and bounds description with another home on it, while many attempt to require an optionee to perform maintenance.

I like going after listed houses and give them a plan B in case the seller's agent fails to perform.