Also talk to some of the potential tenants to find out what they liked and didn't like about the home.If you do give a half month of rent for free-make it on the 12th month of the lease, NEVER do the first month.

I have a very specific tax question regarding the UBIT (Unrelated Business Income Tax) exemption in Solo 401(k)s that is normally triggered by UDFI  (Unrelated Debt-Financed Income) in IRAs.  

@Brian Plajer, if you don't have experience running numbers for projects or are not sure if you can perform because of not being able to find a buyer, you could instead partner up with a more experienced wholesaler in your area who has vetted buyers already, or you could do a novation.Feel free to reach out! 

So, my question is if there is any benefit or negative impact on me as a landlord to get rent on time, or during tax filing or renewing the lease?

Any change of career (which includes going self-employed) would require you to have two years of tax returns showing income before you can get a loan.

You can put money into no risk 4 week treasury bills right now for over 5% ( technically about 4 when you consider taxes ).

Flipping houses can be profitable, but it's essential to understand the tax implications:1.

It can start with coffee and lunch but you can really pick their brains on all those aforementioned issues just for free.

Feel free to reach out if you have any other questions.

Has anyone found lenders (preferably credit unions or small local banks) that do HELOCs on investment properties, or are okay with a tax return that shows income generated occasionally on a 2nd home?