Also your name is on the deed so the counties will see it’s an out of state owner and consistently wack you with fines and violations (trust me I know).

Nevertheless, past performance can be used as a guide to reasonably predict future sales, as the seasonal nature of travel is fairly consistent.

I know there are PM's on BP, especially self managing, that will disagree with having a grace period, but you remove a LOT of drama by having a clear 4 or 5 day grace period, not counting weekends and holidays, with a equally clear and meaningful late fee (within local law) that you consistently enforce on all tenants.

The agent seems to be very familiar with construction, rentals and has built his insurance very consistently in his local and 5 state area.

If I can get five years of consistent rent from someone, I'm happy to buy them a TV.

Include a due diligence contingency that will allow you to back out for any reason (including just not wanting the property anymore).Keep in mind that your agent may not be thrilled with you doing this, as it makes him/her look bad if you consistently back out of deals, but legally, that's how you deal with the situation.

He purchased a 14 unit apartment complex in Merritt Island, FL.

Among other things phase two consists of adding a free report to the web site.

Andre Green try setting up a keyword alert here for Long Island so you will get notified if anyone mentions it in a post.

Does the "paycheck" process just consist of writing a check from the LLC account to my personal account and recording it as a distribution/paycheck in the LLC's Quicken account?