I have owned a LLC partnership for 6 years in Maryland that owns rental properties and filed tax returns. 

@Tom Smith easily attainable if you invest it correctly.In syndication for example, the standard is an 8% preferred return (the limited partners receive 100% of profits until 8% annually is met), 70/30 split thereafter.

I also use autoresponders for standard messages like booking confirmation, check-in instructions, check-out reminder. 

He could always file BK to buy some time.

You will find that it will cost around $1800 to do the required asbestos test, secure permits and do the tear down. standard 2 car garages with pad run around $14,000, plus or minus.

View report*This link comes directly from our calculators, based on information input by the member who posted.I can't get my BRRRR analysis to work although when I run the standard rental property calculator I get decent cash flow.

You may need to take some singles and doubles along the way.With this strategy we are trying to grow our portfolio at a quicker rate than the standard Buy and Hold method.

What is the industry standard.

It might be $100 extra to file the deed change? 

I own a SFR in Kensington (Philadelphia) with a partner that we acquired subject to the existing mortgage.Existing MTG is 13kSection 8 rent: $900/moARV is 42.5k, (w/ 15k in construction)Owned by me and my partner's LLCI'd like to fix it up to Section 8 standards, get a tenant, and hold it.