It is amazing how well a court hearing lights a fire in the tenant’s priorities.

Natural or LP gas and who is going to pay for the conversion.

Whether something is by the job or by the hour would depend on the nature of the repair.

The town only had 1 stop light when I lived there - so a REALLY small town.

Then, after doing some math, I figured out that many of these properties would be extremely difficult to maintain a steady cashflow from and the looming risk of natural disaster was, well, looming.

Therefore, treatment will mirror your own personal residence (i.e. most expenses will be personal in nature and non-deductible).Any rent she does pay you is taxable in full with no deductions to offset.Then you contend with the gift tax issues.Generally not a good idea to rent to family, but if you do, make sure the rents are fair market. 

Due to the nature of the work it was expected and the guys didn't flinch at all.

It's natural to want to shift the responsibility for those expenses on to the tenant as they slice your profit margin for the year down to nothing and start to hack into the bone for a loss.And this one big reason is why self-sufficient handymen typically do well in SFR, especially the high-maintenance lower categories, while others do not.

However, at this time, ensuring that the portfolios are strongly positioned to weather even the most severe downturn is the prudent decision.We are aware of the fact that this may be a difficult time for some of our investors and want to reiterate that this was not a decision we have taken lightly.

Its a light version of Durham/Raleigh/Chapel Hill, however the 1% rule exists there.