For example look at the zip code you are building in, for a recent new build in columbus that we do since miami is expensive we pulled all these stats: Zip Code Statistics: 43206Housing Units Delivered: 8 Average Sale Price: 642,875Median Sale Price: 505,000Average Price Per Sq Ft: $316.40Average Square Feet: 2172 Sq FtAverage Bedrooms: 3.25Average Bathrooms: 2.75Average Days on Market: 138We design the house around this, around the lot, around the neighborhood, from scratch and try to pick a long term build design that will do well.

We actually switched from Yardi to Appfolio due to price and overall a much easier system that all our employees can use (again, no expensive per user charges).  

Evictions can be expensive and you may not get anything from them.

An experienced entrepreneur in the same field has offered a partnership, planning to invest $25,000 with a projected $50,000 profit.

I file jointly and we are able to put enough of our income into a retirement plan that we can be below 89,000 in income (including rental income).

With The Solo 401(k) pre-tax and Roth are included in the same plan.  

Hi Kenny-Great question about whether you should put a house you plan to live in and rent out parts to others in an LLC.Certainly putting it in an LLC would help with asset protection and limiting personal liability.However, you may lose the ability to claim the part of the house you live in as homesteaded tax rather than the higher non-homestead investment property tax for the entire property in an LLC.

Your careful questioning is probably saving you from expensive problems.

My plan was to take few trips back to Virginia, try to network and prepare my plan before leaving Dubai and going back for good.  

Sometimes, a commercial policy (businessowners or package) is used but generally that is more expensive.