But if you work with good realtor and property manage, they will take care of you.Good luck!

Life expectancy of an a/c and furnace is 15-20.

Usually if you own less than 50% of an entity and it has a different composition than your other property it is not related.This is important because then you could sell as yourself and use the 1031 to buy the property from the LLC to complete the exchange. 

They'll probably stay a few years or longer,probably won't trash the house when they leave, maybe you hire a prop manager and outside of an emergency you don't do that much.

@Hunter Malott If you are looking to do wholesaling then I would be careful at calling the numbers on the signs you see.

When we lived further away I hired more things out (cleaning, yard care, small repairs)I have a great prop manager lined up for when I'm ready to fire myself from managing. 

We sprayed a nest that was forming, and apparently that didn’t take care of the bees.

The houses are literally next door to each other which is somewhat of an odd coincidence, but I'm now in a situation after completing a full rehab on the property I purchased and finalizing on a BRRRR that I can devote a bunch of effort into trying to obtain the unit next door. 

haven't  ever heard of an appraisal with only photos …...what is derivation of the  work orders ?  

Hi, I'm Daniel from Culver City, CA and have been in commercial banking for over 10 years and recently passed the CA RE Salespersons test.