Also as a technicality you probably owe the previous owner half the rent.

Is it worth it to go through the headache of starting an office, staffing, being managing broker or hiring one and dealing with regulations?

Mehran, yes, let me clarify. what I mean by automating is utilizing a mastermind group of technically savvy people that can create a database that will automate lead generation, lead conversion. system that will filter into client fullfillment task where the user of the system can then engage with the owner, seller.

Scott is almost an accountant, LOL, he's right to consider costs to dispose of an asset, while correct, your books do not reflect the cost to dispose of an asset until it is sold or disposed of.From an accounting aspect which is viewed by lenders or more technical types, within the first year of holding an asset it's the difference between the cost of the asset (together with costs of improvements or value added) or it's market value, which ever is less and the amount owed, less cost of disposition to it's salvage value or net equity.

However, given you are receiving a tenant who is paying extra (with agreement) for a service where the fees are included in the rent which is meant as a _____ language management fee along with a convenience fee that you receive, I can see where technically this can be barred legally (in which case we will obviously rework the fee structure), but I don't see why this was such a revolting request.

Most agents will likely say it is not cover, so you may have to inquire with someone from the claims department.The damage from the meth lab is technically a covered "peril" in most policies.

Technically, it's a Seller problem, but of course it's your problem too.

This is a very technical legal point that an attorney would have to help yo with but it could be argued that there has been no consideration yet if you have not given the landlord any money under the new lease.

Though not technically the same, a "sub2" deal has similar issues that need addressed, relative to insurance.

If this is correct, and since I will be the sole proprietor of the LLC with technically no salary, this should be the route I pursue, correct?