I took a look at the lease, and it specifically prohibits the use of any heating or lighting source other than the gas heating system provided, and the electricity for lighting - no kerosene lamps, no alternate heating system.So I sent the KAPA letter (as advised by our excellent real estate attorney). 

Morning All, I'm a new investor in Washington County, Oregon looking for some advise on my NMIS for my flipping business.

Am I overly concerned with the potential vacancy rates at this sector of the bell curve or would you advise a different tact if I'm looking for something stable?

I do keep track of which transactions are personal and which are for the rental property and hold all my receipts.While you may be able to get away with using your personal checking account for business expenses, it’s almost never advisable.

With my clients who have W2 wages but legitimately qualify as a RE pro I strongly advise them to document their hours during the year just in case.

 These numbers are bigger than I'm used to for a single family home, and so I'm looking for some advice/help on this potential purchase.  I would appreciate any suggestions for evaluating the strength of the market to...

@Alex Murphy for your individual circumstances, you really need to consult an attorney that can advise you and a CPA that can tell you any tax benefits.

Looking for advise.

The Book on Managing Rental Properties advises sending the tenant a "lease renewal decision form" prior to their lease expiration, and laying out options for them to renew the lease for a year, 6 months, or MtM.

We generally heavily advise against condos as investment properties with a few exceptions...If you already own it then it can potentially make sense to hang onto it as a rental.