In determining the amount of reasonable compensation under §162(a)(1), it is necessary to consider both the amount of deferred and nondeferred compensation. 606 The Tax Court and several Courts of Appeals have adopted five factors in determining the reasonableness of compensation:...The Second and Ninth Circuits have held that the reasonableness of compensation must be assessed from the perspective of a hypothetical or independent investor, not as a separate autonomous factor but instead as “a lens through which the entire analysis should be viewed,” and requiring the application of four factors:

We require actual rent comps from them.

➡️ Are all the non-renovated units in the same condition, or do some require more work than others?

There are a lot of variables involved here.Min down payment requirement to meet min DSCR would most likely be 25%Whats your estimated credit score?

I am in the process of interviewing property management companies to oversee my rental real estate portfolio and require your expertise in the following areas:Develop a detailed interview framework that I can utilize during the interview process.

The first broker said all banks must adhere to the requirements of conventional loans.

I have a property manager actually do the showings, but any issues like plumber , electrical is a phone call away.The only challenge is it's a commercial loan, which requires more down, higher rates and shorter terms. 

Appfolio has an option for the daily late fee charge, but they do require a minimum of 50 units to use the software.I would check to see if Buildium offers this option.

For investors, property managers, and construction professionals, the message is clear: the future of real estate lies in innovation and sustainability.Here are a few tips for incorporating technology and sustainability into your real estate strategy:Stay Informed: Keep up with the latest technological advancements and sustainable practices in the real estate sector.Evaluate the ROI: Consider the return on investment for implementing new technologies and sustainable features in your properties.Think Long-Term: Investments in technology and sustainability may require upfront costs but can lead to significant long-term benefits, including increased property value, reduced operating costs, and a positive environmental impact.

The issue here is in order to increase rents at reasonable rates to cashflow well you need to not just do cosmetic changes they require you to do extensive plumbing and electrical to be able to increase the rents.