It's the least riskiest way to own income property in my opinion. 

Quote from @Hunter Hanlon Taylor: I ended up using The Mortgage Shop, LLC! 

Here's the link to the IRS topic that John was referring to.

I had the same experience.

I'm particularly passionate about the Indianapolis, Lafayette, and kokomo Indiana area. 

The primary goal is to protect the owner’s investment, maintain property value, and ensure a steady cash flow.Why Property Management MattersMaximizing Income: One of the key goals of property management is to ensure that the property is generating the highest possible return on investment (ROI).

No one is going to insure you with knob and tube so you need to focus on selling or doing the rewiring.

Really depends on the goals.

It is best to run a new electrical line to the unit that has the water and only allow that unit to use the W&D. 

My firm has a fix to rent product that discounts the interest on the fix portion, and discounts origination on the DSCR portion.