So, sellers can also be asked to sign notarized affidavits personally guaranteeing the validity of leases and ledgers.So now, let’s get to the clause to include on your purchase agreement to make sure you get all this information in enough time to review it.Seller(s) agrees to provide the following to the buyer within X days of buyer’s satisfactory inspection, but in any case at least X days before closing: All rental leases, rent ledgers, tenant(s) valid phone numbers and email addresses, rental applications & supporting tenant identification, income and asset information, any documents corresponding to any ongoing legal actions pertaining to the property, leases, service contracts, etc., at least three (3) months of the most recent bank statements for any account(s) rental funds were paid into and any company or corporate tax returns for proof of income and expenses.

Over and over we see new landlords that have not done their homework on what is required to vet tenants, how to structure a good lease and how to do ongoing management -- all for the sake of saving money. 

I mitigate risk through tenant selection and ongoing maintenance.

Would like to develop an ongoing relationship with a tax expert who can we can work with on strategy and optimization, not just compliance for both the operation Corp (currently sub-chapter S) and the real estate entity (LLC). 

I understand again that his goal is astronomical but, I want to have something to work towards.I plan on going to college (finance degree) , working as much as I can, to save up for this.

All the info in the world wouldnt help if you dont keep on going. 

I like to “build these from scratch” with ongoing rent amounts.  

He can add value in an ongoing manner as part of your team, and you will run into him at meetups and around town. 

It's easy to obtain, costs very little, and doesn't require additional, on-going effort to maintain.

I see where Douglas County temporarily suspended permits "effective until the Board approves a new ordinance intended to address ongoing issues concerning public health, safety and welfare in relation to the operation of VHRs in the County".