So, if a tenant broke a window and it cost $300 to replace, you can simply add that bill in apartments.com and that way its all tracked where everyone can see it and track it. 

The vacation side is more of a business and requires a lot more work but the affordable housing side is less labor intensive. 

The best place to start is with a spreadsheet that has every every cost itemized. 

Your ability to accurately estimate costs and efficiently manage renovations makes you an extremely valuable partner in any deal.

The forms are online, and it costs $100 per filing. 

I'm getting nervous that the area is eventually going to become unlivable because of the prohibitive cost of the insurance.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Assuming your debt is SUPER cheap and only costs you 12% you’ll save $22,800 TAX FREE  So the combination is saving $60k at 12% (or more) is $7,200/yr and $130k in the bank at only 4.5% is another $5,850/yr  so you’re over $13k GUARANTEED instead of a chance to make $7,200 before taxes  

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

We don't believe they are stealing, but their negligence has cost us a lot of money.* Is this enough to file suit in small claims court?