I am from Buffalo, NY and will be moving to Charleston shortly. 

A new person moves in and she says the upstairs neighbors are creating a ton of noise.

I'm sure the property was built before 1978, meaning in must have lead testing done before any tenant moves in and at every turnover.

It'll likely be much lower.Of course - on subsequent years the property tax footprint can rise by no more than 5% YoY.I'm trying to dial in my P&L here, so if I do find a decent investment property option, the math can be done quickly and I can get moving quickly.

This strategy keeps things moving fast while maximizing your options.

However, if long-term stability is the priority, sticking with the original financing approach might be the better move.

Troy helped me identify properties with strong short-term rental potential, and when we found this home in Palm Harbor, we moved quickly to make a competitive offer.

If you continue filing taxes jointly the income you realize from your separate property will still need to be explained and redacted, regardless of the type of entity holding the real estate.

What is the best way that you have found to tell them that you need labor & materials separate, so at tax time you can send them a 1099 for labor?

Providing a simple and easy move-in process can help create the best experience for new tenants.