I bought Brandon Turner's The Book on Managing Rental Properties and my version came with the forms as a bonus, I'm sure that package is still out there and is definitely worth it. 

However, if we don’t push now, it may still take years…I don’t think landlords fall in category that politicians want to please.

While I secured a good deal on the property and the inherited tenant was a bonus (bless her soul, she was AWESOME), I learned after the fact that the seller was distressed.

There are many categories but the point is you can’t just tell someone to go buy a toilet.

I put this sort of advice in the same category as legal advice as far a compensation. 

@Ken LatchersHouse hacking revers to using your own house to create income and transfer it into the asset category to reduce your own cost of living.

This has to take into consideration the 'Special Ads' category Facebook has rolled out.Feel free to send me a message - I always enjoy talking about Facebook ads.

That bonus room for a home office can't hurt.4.

My husband and I own a home in CA and moved to another state for work but decided to rent it out so we keep the option to go back there some day.However, our first tenants were a military family and left before their 12 month lease expired (we do not live near a military base).Recognizing the challenges covid-19 poses, we reduced the rent so it is below the cost to cover mortgage and property taxes.There is one family that seems to be interested, and quite pushy, but has made an offer that is 10% below our adjusted asked rent.They gave us a deadline to get back to them, and basically offered a “bonus” payment that offsets their low ball offer a bit but even with that we are looking at 5% discount.And they insist on the 10% discount for the second year (hence their framing of the “bonus” payment).

Then, you can just transfer over the percentages of each category (e.g., repairs, capex, vacancy, etc.) that you want to the rainy day account with a debit to the rainy day cash account and a credit to the operating cash account.