Also discuss with the contractor the time expected for the project if its small, mid or large and if it needs permits and how long would it take for permitting and all, also payment terms, make sure you go with payment terms that are fair to you and the contractor (so many terms but most common is monthly based on completed work with an upfront for materials) and ALWAYS keep the last payment until project is closed (retainage) and you do your walkthrough and if there's any issues you write them down and provide the contractor with (punch list to release the retainer once they're corrected or fixed). read about how to deal with contractors and always ask for references but it really depends on how big the job is, personally I wouldn't spend too much time doing due diligence on small jobs such as door latches or shelving rather on additions, layout change and other scopes.Good luck!

I would hate for this to be an issue.2.

Regarding using funds from your LLC property business, you'll need to consult with a tax advisor to understand the implications and any potential issues with this approach.

This means expect tax increases, expect HOI increases, expect tenant issues, PM issues, capex issues, everything in between.

Insurance is a big issue and crisis now in Florida.

Folks are actually starting to care about it as a policy issue this election, making this an even tougher sell in Congress.

Reevaluate if/when interest rates drop, more local issues get resolved etc. 

This is the main issue I have seen when people look to structure seller financing deals.

We both work remotely and are curious about how long we can stay at the rental before it becomes an issue, wether thats state tax implications or perhaps when our jobs should be notified that were working in WA vs OR?

That condo association KNEW they had structural issues, but delayed / chose not to fix them.