Then submit a Rental Application AND a Rental License Supplemental Information form6.

It looks like the school referendum will have some impact on property taxes, but the decision to increase rents should not depend on your cost, but on how far you are way from market rent.

The first thing I would suggest for you is to absorb as much information as you can through podcasts and the forums to help you better understand the in's and out's of real estate investing.

BUT if anytime the buyer is on the hook for something, it would be in the contract.Review your contract, know what you're paying for to make your final decision.

Not sure you're making the right decision?

All you need is a single place to track tenant information, payment history, maintenance, and other things.

A single member LLC would be a pass through to your own returns.You should consider speaking to an accountant or tax advisor to understand any potential consequences of such a move.I hope this thread helps you on your decision and good luck with your house hack!

However it will take time for this information to spread to everyone… I hope the counties don’t fleece newbie investors too badly this year.

I am going to focus on specific actions we took that brought forth critical information during the due diligence period. 

They start gaining confidence to make informed decisions and mitigate risks effectively.Looking forward to hearing your thoughts!