Becoming a Key Principal (KP) in other people’s commercial real estate deals is a great way to shelter your income, participate in several deal at the same time, minimize / spread out risk, capture equity w/ a preferred double-digit return at a discount cash-out-of-pocket investment. 

Primary residence, a single person gets $250K of gain tax free, married gets $500k.

I would give them suggested vendors, a consequence for failing to complete, a deadline to complete the work, and notice that I will inspect to verify the work is done to my satisfaction.After notifying the tenant, then I would contact the owner (phone or email, depending on their personal preference and my time) and let them know what happened and how I'm addressing it. 

Its  all personal preferences   finances  etc etc.

They deserve some positive press and love.Another cashflow market I did not see on the list is Lansing, MI which I personally think is fantastic with low property taxes, strong rental demand, low cost of living and service costs with constant economic development as a result of being the State capital.

(I personally would assume there would be forms to fill out at the very least, but, he asked me to ask these questions for him.)Thank you in advance for your time.

Out of state landlords still self-manage their properties as much as they like as this agent is really just there so that the municipality feels like they can reach a real local person when there is an issue.

I haven't personally gone yet because they are usually during a week night around 6-7pm but hope to get to one soon!

It really depends on the condition and if the person smoked indoors and was a heavy smoker.You are going to have to wash all of the surfaces with TSP, chances are you will need to repaint (especially if they've been there for 10 years) and may need to stain block the ceilings before painting. 

Nick has the best Data with easy to understand graphs and charts for each City, Area of the big Cities, County, State and whole Country with ReventureApp.com and its free unless you want a personal conversation.