A friend of a friend purchased a 20 acre plot of fantastic land for $500,000 in a great location that should easily value for millions, and later came to find a lead factory sat right on top of it.

Hey - Depending on where the house is, it may sell very easily and for a great price on the regular market with an agent and thus help your cousins each receive a larger portion of the sale.

Turning a hobby (owning in your own name) into a business always results in a great deal of duplicated and easily avoided effort and expense."... but, setting up entities costs $$$ ..." ... and losing properties in foreclosure doesn't?

I have set up a google voice number that will forward directly to my partners phone just so I can more easily keep track of the calls that do come in.

Examples:  Rekeying units after tenant move outs- charged me double what the locksmith quoted me when I called directly- claimed it was because the units had special locks and they are "setting them up to be rekeyed easily in the future".

A poverty mentality is simply when one is focusing on what they do not have and in time this mentality can easily turn to greed!

Single-family homes and townhomes are easily financed.Condo cross-unit maintenance issues - Condos are in close proximity to other units.

Some investors want to dig even deeper and understand how to run their own numbers in our market while some just want access to a constant stream of evaluated deals in order to easily compare our market to the next.

Second, it gives me the ability to easily see true income versus expenses in order to make informed management decisions.For our STRs, we used property management companies that collect and remit sales/occupancy taxes, so we don't enter any of that info into our accounting package. 

Can’t find much product in these hot Southeast markets easily, and they stay rented out.