There are over 20+ enlisted CPAs assisting real estate investors nationwide with their tax planning and entity formation.

I'm rereading Brandon's book on Managing rental properties and he mentions that you need to give everyone an opportunity to apply, even if they don't meet the minimum criteria you have set.

Still waiting on an estimate from this contractor and meeting with one more this evening. on one hand, if it is in the budget, would it be smarter to lay the nicer things, but then the unknown of a bad renter tearing the house up makes me nervous.

This ordinance is significant for its comprehensive approach to addressing source-of-income discrimination, particularly in the context of housing and rental opportunities.Key aspects of this ordinance include:The creation of a $1 million Landlord Risk Mitigation Program to financially assist landlords who accept tenants with vouchers, such as Section 8.Establishment of a landlord liaison position within the City’s Housing Department to facilitate communication and support.Landlords are allowed to deny rental applications based on individualized assessments, such as criminal convictions, credit scores, and eviction history, but the ordinance also sets clear guidelines for what can and cannot be considered.It includes a delayed effective date, allowing time for landlords and tenants to adjust to the new regulations.The ordinance also specifies that certain properties, particularly older houses that cannot easily comply with current codes, are exempt from some of the source-of-income requirements.The guidelines provided by Kansas City's Ordinance 231019, detailing what can and cannot be considered in rental applications, include several notable points aimed at balancing the rights and concerns of both tenants and landlords:Individualized Assessment Allowed:Landlords can deny rental applications based on specific, individualized factors, including criminal convictions, credit score, eviction history, alleged damages, and rent-to-income ratio.

Feel free to send me a message, and I'll see if I can be of assistance. 

Be thankful that some of them are self-sifting out of the rolodex before they even get out of the gate.

Some lenders (depending on the number of units) will even require two appraisals..paid whether the loan closes or not.- Reserves.

Some thoughts - garages or carports, for extra income from tenantsIf you have the ability to add a second driveway, consider trailer / boat / rv storage in an area enclosed by a privacy fence, or even garages to be rented to non-tenants for cars / storage.

Understand you're excited, but why aren't you posting actual questions we can assist with?

We even went against the lessons this approach gave on one property and that property failed as a MTR (I was right, my wife was wrong on that one).