Respond with 1 or 2 of your biggest challenges right now or things you would like help on, and I'm going to set aside an hour and half to try to delve in and help.Gonna shoot for Monday November 19th @ 5pm, so let me know how that works for you too.Love to see action takers!

I do have an attorney handling the purchase closing.

Have you ever heard of such a rule, or how it has been successfully challenged anywhere in the past?

What you will learn from YouTube (even if you are unable to completely address the situation yourself) are things like: what caused the problem in the first place (so you can prevent it in the future), what is the cost of fixing it yourself (as a reference point in the future to determine if it's worth hiring someone else to handle it), and basic diagnostic/problem solving skills relevant to whatever you are having trouble with.In regards to how to handle the tenant: It is critical that you set and manage expectations.

They tend to be less knowledgeable about how to handle rental income when there is much more than 2 rental properties. 

I know the LLC will file a K-1 for each partner, but how is the payment of the partner handled for tax purposes?

I'm looking for an RE agent that handles the Ashland, MO area (65010). 

Good contractors are booked out months in advance in this busy market, and managing contractors is challenging in the best of times.  

Remember when you have only 2 units there is usually not much margin to handle vacancy or damage.

I find paying my attorney $200 dollars to handle the matter worth every penny.