Robert Clement - Does your lease have late fees listed as additional rent?

In addition, as you have alluded to these are often illegal units which means they will not be worth anything on the resale.

Additional questions to ask?

If so, the additional accounting cost per LLC can be very, very low provided that you are doing the basic bookkeeping yourself and passing off to a CPA at tax time.

Do I go back with additional estimates and try to get the 20k difference off our handshake agreement?

@Manmohan Singh In addition to the other good advice you've received here be sure that:1. 

I took the included title insurance and even though it was slow it worked out ok, I had a lien release regarding the HOA and was not hit with any additional fees.

Either way the process is still similar with an attorney there’s one additional step.

There's no additional room in the boxes.

We are currently sitting at 58 units total units owned53 additional units available to us the moment we have the financing to bring them down4 completed flips3 flips in the finishing stages3 wholesalesWe own and operate 2 AirBNB propertiesWe own a 20 lot mobile home parkWe purchased a historic limestone Inn which we will be converting into 17 apartments geared towards servicing our military clienteleI earned top producer status for my 2nd year and am opening my owner brokerageI'd like to go into detail on not only the keys to my success this year, but also highlight how extremely important my failures are to my success.