Hey @Devin Bost, I would highly recommend a few things to help with this. 1) Have systems and processes lined out for any emergency you can think of.2) A spreadsheet of subcontractors/ vendors that could handle the situation that arises (plumbing leak, electric out somewhere, etc.)3) Your cleaning team and handy person should be utilized for some things.4) Something like Breezeway can give you 24/7 support around your property with a dedicated phone number line.

(This is when we had a glut of rehabs and didn’t want to add any more to our plate.)

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I'll hit two things real quick and hopefully they help.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Having  more flexible cancellation policies, having good reviews, offering discounts, updating listings periodically, not cancelling on people, etc

I'm currently evaluating a property under escrow and gathering more details.

If you make a conscientious effort to avoid liability exposure you more than likely are operating your business in a manner in which claims will be covered by your insurance and your name will remain out of the docket. 

You will get exceptions on your income at small local credit unions and banks who will utilize your 1099 income over W2 income more loosly, nonetheless it all starts with you completing your taxes.

Hi I was wondering if I can take profits from a different business (has nothing to do with real estate) to go towards buying houses to help with taxes or would that not work?