Based on yours and others feedback - we may not have a choice.

but i pay, i keep the area clean. i told the head guy some choice words after i was heated and flipped out on him... i really don't care for them at this point... i just want to know can they force me to move or foreclose on my house even if i pay the dues, keep the area clean, don't throw any parties,, etc... they don't want me calling the office any longer, i'm still going to..... i basically call them and tell them they suck at their jobs because something still isn't fixed and all they care about is my money... i do this several times a day... i could careless about them... the words i said, trust me there is no forgiving

@Jordan Richardson I always prefer to finance my deals, but then pay down the loans and not refi (unless I really need the cash).

Also, the seller pays the commissions at 4%-5%.Further, if you are using a Big 5 bank, they will expect you to have a 2-year working relationship with them as a business owner, (preferably in RE).

The way we structure our leases requires them to give us 45 days notice prior to move out and to allow us to start showing the unit least 1 once a week so we usually rarely have any gap from one tenant to the next.We haven't had any problem tenants yet since we screen quite thoroughly but if something were to happen, I guess we would prefer it to happen in an average updated home rather than one that's completely redone.Now if we were to start flipping, we would probably redo everything but for buy and hold in our target areas market rent, average to + average condition, seems to work well.We have seen some renovated units in our areas and they look a lot nicer but the rental premium isn't too much of a difference and it seems they take longer to rent out.

@Sabino Gonzalez , I am not an expert in taxes like @Steven Hamilton II , but here are some thoughts.First I believe a subchapter S is the preferred company to do flips in so you can avoid some of the self employment tax.Next have your friend give the money to your company, he will want a written agreement, then after your you sell the property have your company issue him the check for his share and send him a 1099 showing what you paid him.This shows the expense to him for using his money, and is a deduction for you for your cost.

Of course I have my own thoughts on this, which I plan to share as the thread continues, but for now I’d like to here from anyone interested.So, How many bedrooms would you prefer to have in your rentals?

Now I have a couple more choices.

Apparently, from the prospective of Obamacare, HSAs give people too much freedom of choice and give people too much incentive to decide on their own when, where, how often, etc. they want to visit their doctor, hospital, etc.

I have let tenants break lease before without going after them because I felt that their situation didn't leave them a choice, but I feel being taken advantage of in this situation.