In addition I paid my parents a contractor management fee which I do include in the costs.Now I know for tax purposes they will not include my personal travel (I already deducted that as on my sched C), I know none of the CC interest or fee's would be deductible anywhere, but regardless I plan to include them on the gross. 

Long term goal is the make this an investment property PAY IT oFF AnD hAvE IT FoR AdDITIONAL RETITEMENT INCOME Asking price is 205 Offered 200 I wanted to originally put down the 3% But after seeing the numbers (monthly) I’m not comfortable paying that amount.

In addition, we have been working with real estate investors for 10 plus years so happy to be a resource to you when it comes to questions or making contacts.

Additionally they are not controlled by the government.

These are professionals with additional training and a stricter code of ethics.

The key is buy houses based on a strategy and target tenant type (see my paper) then become the expert in that tenant type, house style, area etc.   

We have multiple projects that we are working on, ranging from full gut reno's, to smaller fix-and-flips, that we could use additional contractors to expedite and grow our company.

You'd have to pay the state fees as if you opened a LLC in that state in addition to your own state's fees.

By leaving a small portion of the existing, when permits are pulled for the construction, it goes under a “rehab/addition” which saves time and fees.

Renew for an additional yearcontinue month-to-month with a 10 - 20% increase (market and season dependent)Move outWhen they renew, I typically don't hit them with an increase the first time.