I've found that the decision is often based more on the availability of good, reliable, cost effective labor.

That means a lease, and a "move in" inspection, and a security deposit to cover any more damages.6.

Something to the effect of "It depends on who initiated the contact" That is so true.

Hello all,I'm new to real estate investing.Recently, I found this 3br and 2bath home that has fire damage upstairs.

He's not really getting anything if I take it for the loan balance, so if the price dropped he'd effectively be paying me to take his house and equity.

I don't want it to effect my borrowing ability for my future primary, also in the 500k range.

- If similar legislation was inacted in the state in which you do business, how would this effect your business & profits?

Operating expenses include taxes, insurance, management, maintenance, vacancy expenses, advertising, utilities paid by the owner (at least during vacancies, rehab, etc), evictions, court costs, entity maintenance, legal fees, common area upkeep, lawn care, snow removal, office supplies, damage done by the tenants (in excess of the deposit), lawsuits, capital expenses (although not technically an operating expense), etc, etc, etc.

In effect the LLC can easily die and the lender has little to show for its position if the property is not enough to protect the lender.So, why would you expect a lender not to see the LLC as a higher risk?

signs for the place - good condition - visible - other marketing improvements (that are cost effective)?