I don't know the laws in your state, but I am assuming they are similar.I think much of what you're asking will depend on your agreement with your employing broker.

The concept of paying yourself first is sound because of a variant of Murphy's law.

I would consider myself capable of most average repairs, the larger projects I would call in my brother in-law who is a general contractor.Mark Segars

If you do end up posting a lawful notice of violation of the lease, there are usually strict rules that must be followed.

@Chad McIver You gains are not "capital gains" rather they will be treated as ordinary income, meaning they will be taxed at your marginal tax rate.The tax law basically states that if you purchase an investment with the intent to hold either for cash flow or appreciation, then profits on sale will be treated as capital gains and taxed at the capital gains rate.But since you are flipping a house, you did not intend to hold it, and will therefore be treated as inventory and taxed at your marginal rate.Also, as far as I know, you cannot roll over your gains on a house you did not intend to hold as an investment (i.e. a house you flipped).

You'll understand state laws, deeds, transactions and settlements, marketing, financing, title issues, appraisal techniques and valuations along with how agents must function, what they can and can't do.

I think there are laws against "gifting" money to someone.

@Jerry W. my ex brother in law (sisters ex husband) is from Rock Springs.

I think some states have enacted laws where they won't foreclose if delinquent tax bills are under a certain amount as seniors were getting foreclosed on when they forgot to pay or in a nursing home or something, but not sure that covers HOA dues.

I did take a business law class;-)