Yvette Chung Shaquetta Chittams Ok I didn't read every post on here so disregard if this has been mentioned.

At least not significant enough wealth that they can disregard cash flow.

Personal use also includes time spent at your place by another party under a reciprocal sharing arrangement (“I use your place in exchange for you using my place”) whether the other party pays market rent or not.Days devoted principally to repairs and maintenance are considered days of vacancy and are disregarded, even if family members are present while you work away.The tax drillVacation homes in this category are treated as personal residences for federal income tax purposes.

Just like listening you hear the parts you like and disregard the parts you don’t.In the future, don’t offer a discount.

After that experience, I pretty much told them that their lease wont be renewed.There were other issues such as - habitually paying rent late, paid late fee on some occasions, completely disregarded all other notifications for late fee on the rent etc.The notice that was sent to them said on the title of the document "30 day eviction" We gave that to them beginning of May (60 days before).

Also if you did not treat your LLC as a separate entity (mixing of personal account, lack of proper documentation or filing, etc...) you may pierce the veil of the entity and it would be disregarded by the court.The outside protection varies between states.

I'm considering a single member series LLC as a disregarded entity for the Rental business. 

There aren't comparable properties within the radius they're willing to search and ultimately every traditional mortgage lender I've looked into only wants to value on comparable sales and disregards the fact that my units are bringing in double the comps being shown in the appraisal.

An offer to buy for cash is not an offer of brokerage or agency/representation.We use disclaimers on all our marketing materials that meet state rules and basically say "this is not an offer to list your house, if you are currently represented by a broker, please disregard this offer.In addition, if a licensed investor in TX forms an LLC for the purpose of purchasing, rehabbing, and selling houses they buy for cash, they do NOT have to be a broker.Real estate agents often think that anything to do with real estate falls under state or NAR rules or jurisdiction.  

A quick note is i have no interest in buying this so completely disregard the listing price and just let me know under what conditions you would invest (or if you wouldn't at all).feel free to add in theoretical examples, such as repair costs.I am very new to real estate and learn best by example.