Just curious, Clint....is that enough of a legal paper trail to satisfy your accountant and/or the tax man if/when necessary? 

We took lots of the thoughts and ideas at the time to heart and incorporated them as best we could. 

I enjoyed that mine was a one man band, and it was smooth and efficient, handled by email and short hand dialogue and simple resolutions.My eviction filings, so far have been "light weight," mostly gets people motivated to pay and stay.I spoke to a couple of firms, but they make it sound much more complicated and ugly than it has been in my case, so they aren't resonating with me.

Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income

Or the 14 streaming subscriptions, and man alive there is a new i-phone that has 7 cameras and it's "only" $4,000 I mean how could one possibly go without the 7th camera come on, and the current phone is like soooooooo old you've had it like 6 whole months....... wtf.....

Most of the work is being done more at the handy man level of experience. 

Man!!...

If something horrible happens (like your handy man who you have given the keys to all the properties rapes your female tenant (you didn't know he just got out of prison for rape) (no insurance coverage for you by the way because intentional torts are uninsurable) you will lose everything you own.

Even Virtual Wholesalers.Some say they are simply a middle man and provide no value.I think a middle man provides the a necessary function.

From there, we'd look into repeating the process with other multi-family or single-family units.A bit about us: I work in corporate marketing, and my husband works in corporate accounting.