This means they're much more likely to treat it well.Why does that matter?

So even if a rental is fully rehabbed with a tenant in place at the time one is considering to buy that property, one should still treat it as if it will need regular maintenance and experience vacancy.

Steve,Just curious, why would it be treated as self employment income?

He was awesome to me, but treated them like crap.

One piece of advice that I keep on getting over and over again is that RE investing MUST be treated like a serious business, and not some hobby you partake in on a Saturday.I feel like I should lease out an office space in a commercial building, so that I am physically removed from any sort of leisurely environment.

I have always insisted we treat them fairly and be consistent in our management of them and the property.There was a period of time when we asked departing tenants if they would rent from us in the future if the opportunity presented itself.It was a feel good question soliciting a feel good response but didn't generate anything actionable we could use to improve our operations.

Hence, no returning calls to the buyer and slow to write the offer.No offense to RE agents here, but I have found that most of them should be treated like used car salesmen and venomous snakes.

Treat this as a business.

While it may be a waste of time to bring the pest guy in only to be told that the infestation won't go away until the animals are treated/gone, it will give you the documentation you need to issue a cure or quit.Given that frontline and other topical flea control meds for dogs are less than $40 for several months, it shouldn't be hard to abate if the tenants are willing.

He said to me " You gotta treat these people like children.