Now the minimum standards your basement has to hit for it to be able to count as assessed sqft not estimated is a height of 7 ft, a point of egress (bilco doors) and a window usually in the rear, It's one of those things where if your going to go through the process of digging out a basement you might as well go for it and dig it deeper then 7 and closer to 8 ft so you actually stand out compared to the competition.Now the other side of this coin which I would suggest is if you're willing to spend 40-50k on a basement dig, consider adding a 3rd story addition if your a 2 story (think master suite, walk in closet, master bath) or an addition off the back and add a roof deck if your a 3 story (either master suite or just additional bedroom).

Majority of the people here seems to be good with Quickbooks, Buildium, Appfolio, and plenty of other software.

I'm glad to say that as of last week I hit a milestone of 100% occupancy after opening July 1st 2019. 

I asked people I saw, is that your car but didn't find the owner, sent out an email if it is your car please contact me today as unregistered vehicles aren't allowed.

And even though I know many people that have done dozens and dozens of deals over 15+ years, and never had a title issue, to me it is worth far more than it costs.

Any recommendations on trustworthy people?  

One of my problems is that when I rent it the people move there furniture and stuff in and the property ends up looking worse because of the furniture and clutter.

A lot of people have problems seeing how the space would look with furniture or even what some rooms are. 

Finally, this can be time consuming but if you plan to keep working in this market with these types of properties, it may be worth it to reach out to people who have shown interest but didn’t follow through.

You are not a guarantor of weather, peoples' health and welfare, or unthinkable tragedies, just like the guest isn't responsible for the duties and obligations of owning a rental.