Properly set up, you can easily generate a variety of financial reports, rent rolls, etc. and process all payables and receivables in an efficient an orderly manner.Usually you should be able to "lock" your transactions at the end of each month, permanently preventing any changes to prior periods once you close them.

I do currently put some money into a Roth IRA, but I’m leaning towards putting it somewhere that is easily accessible for my time before the age of 59.

My attorney told me that because the contract is with a unlicensed contractor and I was never alerted of any subcontractors that even if the subcontractors put a lien on my property it can be removed in court easily.

In-house costs for repairs & cleaning are billed at $25/hour plus materials & supplies.In signing this document I (we) agree upon and accept the above charges upon move-out.Date Executed: _______________ Date Executed: ________________ Tenant Signature(s): Landlord or Property Manager Signature: ____________________________ ______________________________________________________________ Plumbing Replace kitchen faucet $150.00 Replace bathroom faucet $105.00 Replace faucet handle $20.00 Replace faucet aerator $10.50 Replace shower head $27.00 Replace toilet $175.00 Replace toilet seat $25.00 Locks Replace key (door or mailbox) $10.00 Replace cylindrical door lock $35.00 Replace deadbolt lock $25.00 Windows and Window Coverings Replace window pane (single) $75.00 Replace window pane (double) $125.00 Replace mini blind $20.00 Rescreen window screen $25.00 Replace window screen and frame $50.00 Miscellaneous Replace refrigerator shelf $25.00 Replace stove/oven knob $20.00 Replace plastic countertop $275.00 Replace mirror $45.00 Replace medicine cabinet $75.00 Replace towel bar $25.00 Replace shower curtain rod $25.00 Replace shower curtain & rings $13.00 Replace shower/tub enclosure $350.00 Replace thermostat $80.00 Replace fire extinguisher $30.00 Remove junk and debris (per area) $35.00 Replace smoke detector $15.00 Replace combo detector/alarm $40.00 Replace alarm battery (per battery) $3.00 Replace drop ceiling tile $10.00 Replace wireless doorbell $35.00 Replace portable window screen $10.00 Rev. 2/15/2019

One, I can easily spend that amount of money on direct mail and potentially only see 1 interested seller.

I am a lawyer and could have represented myself very easily, but I didn't even consider that option and instead went with an attorney that has been at basically every zoning meeting for the last 20 years.6) Once you have a plan, if you are going to need variances, reach out to owner-occupied neighbors.

But if you don’t think that you can maintain meticulous records and follow the CRLTO guidelines easily, then it’s best that you use the move-in fee approach.

It's only that high in certain pockets of the city which are easily avoidable.

If you have 100k in dry powder, that can get you a 300-400k budget easily for a BRRRR deal once you leverage. 

It It gives you a front row seat to understand how you flip a house12.