But, the fact that the daughter has been paying the real estate taxes for 5 years could also have an effect on the legal status.

Also, what are some ways to produce leads that you found effective?

Are there cost effective options in terms of material? 

Unless I am calculating this wrong: $1,600*.5 = $800 effective gross revenue. 800 - 280-100=$420. 

Further, the guidance is issued and expected to be followed and has an effective date post publication.  

They are all on month to months, so the new leases will be effective 30 days after purchase. 

@Tammy Vitalethe personal guarantee will have no effect on your "corporate veil". 

I look for a manager that has good communication with both me and my tenants. 

I pay 7%, full months rent for finding a new tenant, flat fee ($100) for processing a renewal, and half-months rent if the PM manages (eg; gets multiple bids, contracts out the work, etc.) any turn-over repairs, or I can do that on my own.I've got 10 properties with them and average 2 vacancies per year, so my effective rate to them is 7% of rent-roll + 2 months rent + $800 + 1 add'l month rent (2 x 1/2) for managing turnover repairs. 

I don't advocate for big government, I'm just in the reality of having to live under it so that I'm less exposed to its effects. :)Did you miss my comments as to your location?