Same SFR also has a Lis Pendens filed against the owner and is scheduled to come to sheriff sale next month;3.

I have a standard letter that I send, and tweak to specific houses.

.- No annual report- No Annual Fee- No state income tax (c corp filing for tax not s corp pass thru)My question is basically, will I need to file biennial in Indiana if i register as foreign entity in Indiana (I assume this would be necessary to have a rental property with income in that state)I am less worried about the fee's for registering, but more curious about ongoing maintenance.From my perspective, if i have to spend a bit more money to register as a foreign entity in Indiana, but I don't have to file each year, the extra cost would be worth it to keep this thing low maintenance.Any thoughts or suggestions welcome.Thanks!

:) Some companies won't do it any more, and its a lock on a bedroom door, locked file cabinet & shredder. 

Most books will teach you the basics but Alex's due diligence book introduces you to some really important aspects of the business like the paperwork you will need to file and which liens could wipe you out of 1st position.

There are 2 of them, and they are great. ( https://www.biggerpockets.com/store )One great takeaway (from one of the books, but I can't recall which right now) is to have clearly pre-set standards for tenants.

Though it may seem i am trying to validate my time I am really searching for a standard that may not exist.

With that said, she did a lot of work on the negotiation/closing but the home lots were found via a standard MLS listing that came to my email box. 

I experience that every time when I buy something that is a little outside of my standards.

Taking a deposit from tenants helps to mitigate the risk and may keep you from having to file an insurance claim in the event that there is any damage to your unit, plus if the tenants have "skin in the game" in the form of a deposit that they are at risk of losing you may have a better chance of renting to a tenant and getting your unit back in tact at the end of the lease.