I’m a handyman and I work with a few rental properties and do some projects that range to the small stuff like hanging doors, repair trim and drywall to new flooring installs, painting, appliance repair, yard work and repairing your usual leaky faucet..The issue I’m having currently is I have just gotten into contact a couple days ago about a flooring job.

The issue is NOT with the IRS!

So if they had a 25% cap and were at 25%, then you are out of luck.With that aside, you also have to check with building department as sometimes they may not allow permits to be issued for some of these conversions as they do not meet code. 

The issue I have with the premise is that Zillow and all the aggregate sites would not exist without MLS.

I'm originally from San Francisco and ran into the same issue.

If not, could risk constructive receipt issues. 

Congratulations on your recent investment.Moving new residents is a perfect opportunity to form rapport and set the stage for how your landlord/tenant relationship will proceed.We love to meet them at the property on or before move-in day to go over a couple critical items:We walk the home together and address any existing cosmetic issues and any open maintenance items.

Cash flow issues go away and you're really just dealing with lenders to take advantage of the equity to fund more purchases. 

Issues with tenants also I am still debating if I am going to keep it or not in the future.  

If the SF's homes work out as planned just 10 homes @ $600/mth in month 61 will be producing $6,000/mth cashflow with NO maintenance / landlord issues except evictions if tenant buyers don't pay. 50 homes $30,000/mth.