But you're really stuck paying taxes at the same rate a guy who buys leather and makes shoes would pay.You may also be subject to SET - self employment taxes.A good CPA is essential for minimizing your tax bill.

A very skeptical (but very smart) girl, who didn’t quite agree with the Guru’s sales pitch, but does have a fair amount of trepidation regarding this new endeavor.

Repairmen assess that that water from the fridge has damaged all of the hardwood under the fridge to the tune of $1400 or so.In this situation, I would assume it is pretty straight forward that their negligence in getting the repair guy in or properly defrosting the freezer to minimize water damage is the cause and that I could take that out of the security deposit.

Unlike us, the unlicensed folks have no minimal competence threshold (aka testing) and no due diligence standards. 

But not before burning thru millions of venture capital and screwing hundreds of businesses falling victim to their sales pitch. https://www.forbes.com/sites/davidjeans/2020/07/20/scalefactor-raised-100-million-in-a-year-then-blamed-covid-19-for-its-demise-employees-say-it-had-much-bigger-problems/Some points worth highlighting:- "Instead of software producing financial statements, dozens of accountants did most of it manually from ScaleFactor’s Austin headquarters or from an outsourcing office in the Philippines"- "Some customers say they received books filled with errors, and were forced to re-hire accountants, or clean up the mess themselves"- The annual  contracts mentioned in the article were $23,000 for an e-commerce business and $6,000 (and triple that amount at renewal) for a coffee shop.

Could help minimize “unnecessary” service calls, but not deter them when bigger issues come up.

I understand that as a landlord you do want to minimize your liability and risk.

Turnover costs are minimized in some ways, but if she left some of the stuff I would fix is stuff I will do anyway in the next year or two with her or without there so it is already spent costs. 

My goal is to scale as quickly as possible by investing in future properties, so I like the idea of minimizing equity/ principal paydown in the property for the sake of liquidity.

No smoking in the house, maybe not even outside, no loud music (I added no Rap or Metal), minimal phones...You have to be the leader and make them respect you.