This question is not unlike many of those tweets you see on Twitter...they're fun to think about and interesting to read peoples' takes on this, but in reality, anyone with $5M in dry powder investing in only one asset class is not acting very prudently.

Sitzer / Burnett decision ink isn't dry yet, yes NAR will appeal, lots still happening but this is a big deal. 

All switch and plug cover plates will be removed and reinstalled after the paint is dry.

Below is what my experience with wholesale purchases in the Chattanooga area has been.1- PSA- wholesalers have their own contracts, they're typically very short and cut and dried.2- Inspections- you do not have inspection contingencies on a wholesale contract. 

There are multiple material participation tests that you can use. (1) 500 hours - unlikely you’d hit this.(2) 100 hours and more time than any other single individual. (3) substantially all the activity is done by you (this is not as cut and dry but generally 70% of all time spent is a good starting point). 

You might consider actually filing your mortgage with a title company or something similar that would collect the payments and process them and then forward them to your parents for a small fee to keep everything cut and dried and have formal documentation.

They are simply trying to milk your credit card dry.

A contractor took out the carpet and disinfected the contaminated areas and installed 6 fans to dry out the walls for three days. this costed $1900The next part is to install new carpet and install baseboard trims in the areas previously removed. they quoted me $3500 for that work.So total damage is around $5900Since this is my first time rental I need your advice on what to do.Should I directly bill the tenant that amount and ask them to pay it immediately?

Which one you choose should depend on the location of your lot and its characteristics such as whether it's a dry lot (off water) or on water: canal, lake, fresh water, gulf access, etc., and what your intended use is: annual rental, seasonal rental, your own use, or a mix of these.

For the summer you can use a lighter weight comforter so they can be washed and dried quicker.