If you can show that you are keeping proper records you probably will not have to worry about a field audit.

HOWEVER, you calm your nerves and manage your risk by doing the proper Due Diligence.

A lot of these agents are residential real estate agents who do leasing as a way to supplement their business of buying and selling houses, so don’t be surprised if they try to induce you to expand your growing real estate empire.There are companies that deal only in finding tenants for residential property.

i know the area im looking to invest in, its a small city, much of it being renovated and expanded, and it has a university which is also expanding. prices are decent and 2 bedroom units average $950 month. my father works closely with section 8 and i would like to have my units rented to them, as its guarenteed rent every month.let me know what you think of my plan i am looking for buildings in the 120-170k range, i want maximum cash flow, and have decided real estate is how i will invest my time and money

There are no mistakes, but only opportunities to learn, grow and expand.

I like this local approach and expanding out from there.

It starts when the notice is executed and properly delivered.

Thanks, but lets sort out these questions" would have been the proper response at closing.

I have a duplex built in the 50's I noticed that a similar duplex down the street was for sale and upon viewing the pictures I noticed it had a washer dryer hook up stuck in the utility closetthe owner moved the hot water heater to the left and and expanded the space I decided to do something similar in my unitsI actually used one of the hall closets there are two in the unit one near the kitchen and one outside the bedrooms I decided to use the one nearest the kitchen and ran plumbing and electrical to the closet widened the opening to accept a stack washer and dryer and installed vent holes and duct work to remove the lint.from the dryerof all the things I did in my unit from tiling to new lighting and laminate flooring over carpetprospective tenants seem to appreciate the washer dryer hook up the mostI think a close second is the laminate flooring but I wont know until it is all down and I have my first looks.this is probably old news to you veterans out there about converting a closet into a washer dryer room but I am a newbie and just happened to stumble upon this idea when I saw my neighbors house otherwise I may never had had the inclination to do it.

You could look at adding more out of state owners to your list, expanding probate names, targeting in-state landlords, NODs, etc.