Place order for items*Material cost of this section: Seven Thousand Dollars. $7,000,-Phase 2: Roofing/Exterior Windows and doors. [5 days] Close up external side door between living room and kitchen, patch siding, patch wallReplace windows, replace front entry door, power wash house/deckRestoration of vinyl siding which includes power washing and replace any missing pieces of siding.

typically these standard lease agreement are design state specific and you could always add additional items in addendum to suite your specific need.

The estimate included language that any unforeseen items discovered that led to overages would require written notification, a new signed agreement to that work, and payment up front. 

Identify the critiical items necessary to purchase the deal.

The operating account should be to receive rents, pay expenses, and have a debit card attached for quick spending items.  

Hello George.We all as investors face the same opportunities, finding a good deal and getting it under contract for what the property is worth (taking into account financials, terms, rehab, etc.) and getting it closed, so we can turn a profit.I can only assume you are just getting started in investing based on your question (I could be wrong), so my first action item for you would be to market to these owners through post cards, letters, door knocking, email, phone, social media, etc. so you can gauge interest in selling. 

The rent is then determined based on the lowest of 3 items A)  The asking rent  B)  The maximum payment depending on program limits and income of the tenant  C)  The market rent (as determined by CMHA which is not always reaslistic). 

A few other items come into play when trying to rent out a home, but those are the 2 most important.  

Every heir has a price.Example 2 - Similar to example 1 and happened after example 1 we paid a heir to come sign a waiver that they don't want the belongings and that they recognize all items will be donated to Goodwill or thrown in the garbage.  

@Jonathan ThompsonAnother item to keep in mind is that all of your self employment income from all sources can be aggregated for purposes of contributing to the Solo 401k.Here is an except from an article written by Calcpa.orgWhen a self-employed individual maintains more than one trade or business, the questionarises as to whether the limit is based on the sum of earned income or loss from all trades orbusinesses under common control [as defined in IRC 414( c)) as modified by IRC 415(h)], or ifonly the trade or business maintaining the plan being tested is used.For purposes of the IRC 415limit, earned income for the self-employed individual is based on the sum of the earned incomefrom all the controlled trades or businesses, regardless of whether the related employer maintainsa qualified plan [Reg. 1.415-2(d)(6)].EXAMPLE: Andy, a sole proprietor, operates a law practice as a sole proprietorand has $100,000 of self-employment income from such practice for 2008 (prior tothe reduction for one-half of self-employment tax).