You can avoid taxes on $250,000 in gains if you are single and $500,000 if you are married.

If I understood the Note market space better, I could see if seller financing at ~10% and after seasoning sell off the Note.Yet, people are doing such a wide range of single digit yields. 

Water bills come in once every 3 months and I give tenants ample notice prior to updating their accounts with the water bill charge.

I own a few single family residence rentals, and I am in the process of transferring them to the LLC that I opened to hold my properties. 

I have owned single family section 8 rentals in the past, and while it was pretty straight forward, each jurisdiction likely has their own requirements and processes.In Cincinnati, again, I was buying properties on the MLS, they used to (maybe still do) use gosection8.com for LLs to list their properties.  

This might entail making improvements to curb appeal, kitchens, and bathrooms in order to draw in better renters and raise rents.Long-Term Appreciation: Take into account real estate in communities that may see long-term growth.

@Cliff Durrett  - thanks   1) family  2) friends  3) reitement account loan 4) personal loan from your bank 5) leverage a car  ( unlikely to obtain from a bank or credit union )  6) local bank / credit union 

To find out whether home hacking is feasible, do a complete analysis of the local real estate market, taking into account trends, rental costs, and property values.

Examine several investing opportunities while taking your interests, risk tolerance, and available funds into account.

As an accountant, I would agree with the best practice you shared of handing out W9 forms to contractors at the first meeting or before payment.