Check out your state regulations and expenses on seting up different types of entities and pick which ever suits you better.

I also usually bring a lawnmower, contractor bags, a trailer, basic tools, and cleaning supplies to clean up the mess if they are already gone and have been gone several days.

I would agree with Bill that it is probably not the smartest idea to talk a lot online about things you are doing that might not be totally legal (As stupid as the regulation that you may be violating is).Obviously the best idea is to do everything above board and comply with all laws and regulations.Of course when:-----------------You: "Hey I know this guy that wants to sell his house, you want his name and address?"

@Samia BinghamSamia - Would you be able to elaborate any more on the present setup you are involved in/have the option to purchase.This type of investment interests me quite a bit as locally it seems to be a niche that could be filled, I'm sure plenty of other locales this works in as well besides established markets.What I'm interested in, are rents paid (if you know the ranges possibly) roughly the space someone gets for the rent, what perks they get -- is there coffee, virtual receptionist -- how is the office decorated/set up - any furniture supplied by landlord, can you pay online, terms of leases, bathroom set up -- do the tenants have to pay for web access or utilities, housekeeping, any fights/spats between neighbors, what type of tenants make up the mix.Really any insight from your experience would very much be appreciated.  

New lending regulations, specifically the SAFE act, make this much more complex and more regulated than loaning to an investor on a NOO property.$450K houses make unprofitable rentals.

Does anyone have any good sites that tracks mortgage regulation changes?

For supplied appliances, Landlord will work to correct any dysfunction as quickly as is practicable.

But in our market, they are just as often the guys who aren't big enough or organized enough to get their supplies delivered.

Sort of like DeBeer's keeping the supply of diamonds low.

If I was an appraiser, I would say the same thing, especially with my hands tied at times by the regulations and influence the appraiser must follow.