(e.g. the extra sheet of drywall, nails, tape, paint, primer, new trim boards, etc.)4.

I agree with @Eric A. for sure about making sure to keep some extra reserves on hand and factor in a monthly maintenance allocation. unless you're already doing that of course, just wasn't clear.

If anyone needs help from stuffing envelopes to showing/finding properties or cleaning houses, I'm willing to chip in where need be if anyone could use an extra hand (no pun intended).

I also cannot shop around for seconds, or do any extra painting, etc..

If you gactor in that rents should have increased over 5 years you can use that to offset even more without cutting into cash flow.That being said, I have started to make extra monthly payments towards principal on the notes that will come up in the next 3 years for refi, which will bring the baloon amount down significantly.

Bottom can be converted back into 2 units by re-adding a door.

Hi, my husband and I own rental income properties and before adding anymore to our portfolio, we need to structure business entity, establish strategy and tax planning, move assets wisely and perform some estate planning.

\10 units for 3 years (added to over the years)How are you maintaining your property (ies)?

Adding debt is not a taxable event.

Yes, month to month leases will be a little more expensive but with that added expense you get flexibility.