Hi members,I recently met my CFP and he concluded that after all these years of accumulation in 401k it's time to take steps to minimize taxes and reduce/eliminate RMD. 

Are you estimating that building will be more profitable with the higher material prices and the added challenges of getting a certain type of financing together with the time constraints to minimize holding costs? 

That way I atleast saved interest payment on commission to be paid for which minimal service was offered.

-We all selling more than buying because we picked up multiple flip deals but have encountered minimal LTR opportunities to buy in 2024.

My question is what type of lease terms work best to minimize vacancy and minimize the need to continually ask current tenants if they are planning on extending / renewing a lease. 

You will need an LLC resolution (indicates that individual members can sign on behalf of the LLC.)

If the tenant insists on staying, that indicates that they don't really believe there's a health risk.I think your PM is incompetent or maybe just inexperienced.

His employer gave him a great reference and indicated that the position is permanent and stable.

Does it have to come from an Attorney or is that simply the best way to ensure Notice was given and to minimize issues if Foreclosure is necessary? 

Are the property taxes on the land very minimal?