You've had no turns no lost rents and bascially I bet not much fixing in the house while he's lived there.YA go ahead and be strict and then file for late or non payment and get another tenant that will pay late and start the whole thing all over again.. 

For example, if you want to wait til you have renters in to do routine maintenance such as gutter cleaning, you could deduct it.

LLC is strictly for protection.  

By informing them you know the routine they should respect you for that and comply.

There is no wholesaling (sorry to that group) this is strictly buy n hold or flip. 

You have to be strict, almost like an algorithm.

I would be able to borrow as much as I wanted by showing it is factually a loan, but then any income they earn from said interest would be taxable, which is strictly speaking what they want to avoid.

My guess is that if me and my business partner are buying an existing note or origination a new note strictly for investment purposes that it is not subject to fractionalization laws.If there is no state fractionalization statute does that mean you can’t buy a note with your business partner?

I did not see above if you were looking for strictly a passive investment or an active investment opportunity.

I'm strictly going flood zone X so not sure if flood insurance is needed or if it is, how costly it would be.