The deal- 2 properties on two tax parcels that share one driveway are being sold together for 450,000House one- remodeled three bedrooms two baths with a nonpaying tenant (market rent is about 1300) 1200sqHouse two-Sellers were attempting to turn into a bed and breakfast (it is zoned for this) but essentially stopped partway through.

I may even skip the eviction process that first month.

I also don't necessarily mind doing a double close and paying the double fees, however, that's a very nice chunk of change.Please understand, my intention is not at all to skip paying taxes or fees.

That prevents a tenant from skipping out on the last month.Third, you need solid policies and procedures.

What is the dollar limit where you can skip issuing the 1099?

@Caleb BrownMy realtor stated that mechanical inspection skips the atic.

However, I am here drinking coffee and awaiting breakfast while they are scurrying about taking care of 10s of items. 

@Paulino MirandaHey I would give you some advice what I would do is there's a software called prop stream you can go there and you can find foreclosure and then you can skip trace the phone numbers and call the clients and try to grab a property like that that's how we get our properties

Unfortunate circumstances has drained my bank account at this time, so I do not have the luxury of paying for things to be done for me including skip tracing and mailers being made up by a company.

Now, when you're leasing get the parents to co-sign the lease (almost should be a must) that way if the student trashes your unit the parents are on the hook, or if they skip town or don't pay you can hit up moms and pops. then you might want to set aside more for maintenance and stuff, kids are just harder on things than adults.