Many LO's don't know how to structure them, they don't know the pieces of an LLC that they may or may not need to collect and some don't even know the difference between a hazard policy and a homeowner's policy.Sorry you got a bad LO.Stephanie

It's a fascinating puzzle, and I'm navigating the intricacies of property valuation, expenses, and potential income to ensure I make informed decisions for these investments.One challenge I'm actively tackling is finding the best platforms to market my properties.

I do think over time it’ll die down, but I’m looking to start investing NOW as I have waited for 1 year to just learn and research etc… I definitely think there is great potential in SD, but I think with the funds I have right now, I could grow a lot faster in a different market.

Ensure the potential returns from the project can offset these additional costs and you'll do fine. 

The only deduction is the cost of your lunch with Ashish.Here is a good common sense test: would a reasonable person pay for airfare, hotel and whatnot just to interview a potential new CPA?

Thanks for the insight, we’re supposed to do a background check before potentially placing but thanks for the info about the program no longer paying if tenant drops out.

Potential for Appreciation3.

If, however it truly gets out of hand to a point of creating a fire hazard or impeding the ability to make a reasonably hasty exit; or if they are completely blocking an exit or an electrical panel; or excessively stockpiling recyclables or flammable material; if food has been clearly left out for extended periods, with roaches crawling all over it or worse, and household rubbish is not being reasonably contained, I will give them ONE 30 day period to make dramatic improvement, a second violation would result in non-renewal or termination for cause.

It's best to figure these potential costs in, if going that route. 

Does she even have hazard insurance on it now?