This conversation was an eye opener for me because I never realized how overlooked this very cheap and easy step is by the vast majority of real estate investors.  

Again, talk with your accountant (maybe a lawyer too) but...One of the biggest challenges I think a lot of 'full time conversion' REIers face is 'how to pay myself in a way that isn't self-employment' ... it becomes a huge deal when you're doing silly little things like, say, getting a cell phone, or a car loan, or a mortgage, or lines of credit... or a credit card...This is where it pays to spend the time and money to set up your LLC/C-Corp/S-Corp correctly so that you can pay yourself on a W2 or through an S-Corp and not have the problems/taxes associated with a 1099.

I was not witness to the original conversation that happened with the tenant and my husband.

I ended up working with Dylan over the next four weeks to finalize a complete kitchen remodel, the conversion of a bedroom to a master bath suite, and a laundry room remodel.

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

Also, although thousands of apartments were completed over the past two years, rental inventory remains less than the level prior to the conversion boom, when the metro also had 120,000 fewer households.The surge in apartment construction is also providing an outlet for some of the equity pursuing acquisitions in the metro.

Since you are getting started here on BP, be sure to jump in with both feet and get active in the conversation.  

My experience from working at a custom Mercedes Sprinter conversion company that was trying to become RVIA compliant.

I've had many conversations with new investors and one of the values a good agent brings is asking probing questions and good fact finding questions to help you, as a new investor, discover what it is you are actually looking for.Most conversations I have start out like this, " I want to get into REI."

Paid for your knowledge and expertise..See there is always a way I can spin Timber into any of these conversations..