I would suggest not writing a lease. use ones that are legitimate, plain language leases that are endorsed by the local Magistrates and the association of realtors.

If I plan on acquiring additional properties in the future, there will once again be closing costs and stabilization associated and might max out the $25k again.

What are the fees usually associated with owning an office condo (HOA,etc)?

I brought an associate from ORegon and he bought 60... easiest place on the planet to do this.

Because if it's not turnkey then you need to put money in it which will give you an ARV which then will have to be put into relation to the rent (and the associated mortgage/costs).With respect to @David Song's post and him saying that this is all a scam: don't agree.

I only know 3 people associated locally with Renatus, so it's a small sample size in an isolated market.

James Rippeon I have rentals in condos where the condo association is responsible, in my single families I put it back on the tenant as I have no way of knowing how they are living.

If a Realtor is deemed to have conducted themselves in a less than desirable way a Complaint can be filed with the Association and or the AZ Department of Real Estate. 

On the other hand, keep in mind that there are costs associated with maintaining an LLC (such as the $800 annual franchise tax in California).2.

In a perfect world, I would be able to launch an app to snap a photo of my receipt, then have it auto-magically sync with QBDT and associate the receipt with the credit card transaction (or check).Anyone know if this is possible?