Personally, in Atlanta, I'm more comfortable with Class B properties while I'm starting out.As far as calculating a CAP rate, starting with the 1% rule seems to work for initial triage. 

Due to Florida Real Estate rules, I can't have two DBA attached to the LLC that is the current brokerage corporation (the commercial firm).

So are you saying that its a good rule of thumb to compare the 50% rule cash-flow to the calculated cash-flow, and if the calculated cashflow is lower than the 50% rule cashflow then it's a good indicator of the property?

In our area they care I got caught between the new rules and it cost me a 19k fine plus the clean up of another 20k on a house that if I demo it a year before would have cost 10k or so total.. ..

Hi all,I’m Ivan, 35, born and raised in California, moved abroad to Australia a few years ago for work and recently relocated to back to the states and have landed in Seattle.I recently resigned from a long stint at a major tech company where I initially started IT support, Project Management, and ended Marketing and Advertising.

Will the numbers support you replacing the carport/garage?

As a general rule, don't ask Accountants legal questions and don't ask your lawyer tax questions.

@Joe EdmondsYou may want to review with your attorney and/or check the rules in your locality as it could be a code violation for a resident not to have access to the electrical panel.

@Camden Smith related party rules for transactions can be very tricky. 

So we are actually in need of 2 leases, i want one for the SFR that covers specific items like the tenants responsibility to maintain the landscaping, and one for the Townhome that covers things like "abide by the HOA rules or you are violating the lease". these are relatively minor differences but very important. so my question is........should i look to buy the package from BP and go to a lawyer to tweak that lease?