Aside from that, having partners may allow you to progress faster than you would on your own as you are not likely full time in the biz yet might not be available all the time to drop your life and take care of something investing related but with partners you can address those issues more easily.Many people have had great partnerships.

We also let neighboring tenants know to call 911 for crimes in progress or endangerment to life or property.

If the option is taken, he agrees to finance it to you, seller financed.That note will be an asset to him if he needs to qualify, two routes:One, make the note so that it is not marketable as the asset is assessed to it's market value, or;Two, set the note up to be purchased later on at a discount if he needs to qualify, the note is sold and all funds then go to his care until expensed.......this is the better alternative.If you just bought it, there will be a 3 to 7 year contemplation rule as to his disposal of assets and he may be obligated  to use the sale proceeds for his care, which he won't have, say in year 7.

If the assessment is a lot higher I have to say what the heck, why?  

lolUpdate:  Turns out my warranty company sent a contract plumber to take a look and give his assessment.  

Would really like to hear about your progress using the system. 

I filed E last year because I had some friends that insisted it was passive income and therefore did not apply but we've had some substantial losses last year, this year, and will also have quite a bit next year due to 25k in remodeling the first year, special assessments this past year and next year for redoing the siding and decks on the outside of the condos.

We've just started a project management company here in San Antonio for that specific purpose, because these renovation projects do require someone to check in on them consistently (read: daily) to make sure that things are progressing to time and standard.

I don't consider it as part of my numbers but as part of the intangibles when assessing a property.

Do some online marketing to speed up the progress of your business.