Then I taught them how to move the assets around to package them for sales as small 4-8 houses per package for sales to passive investors (essentially a rental portfolio).But.... alas.... greed always creeps in (a human trait I suppose).

Am i supposed to take the Assigned Contract to the Tittle Comp myself along with the collected Earnest fee, or is the Buyer doing so?

Suppose you want to buy a few hundred acres, and then split them up into individual parcels and build a house on each one.

To be more conservative I could run numbers with $700 rent as well though two of the units are already renting for $750 and I think that is a fair price for the area.I suppose 10% for maintenance and capex combined may be a little low, especially at the beginning, though I think 10% for vacancy is pretty conservative to make up for it.Thanks for the comments, I appreciate the input since I haven't done a deal by myself yet and it can be pretty daunting to commit to that much debt on a property for the first time.

So, stating you are an investor I would suppose you would go with cash flowing assets.

I suppose it would really depend on what market you're flipping it into, as well as how much tear down you're doing.

I suppose that is a factor of how bad your original third party was to begin with. 

It's complicated but I believe in thinking things out first as if it didn't have the tax rule and then see if it makes better sense with it.Recaptured depreciation will make sense once you realized that if you take more depreciation than you were suppose to, and you won't know that until you sell the asset, you will need to pay it back.

Real fun and all but it looks like the nycourts.gov website, where I'm supposed to get the proper paperwork to file eviction from, has updated some parts of the site but other parts still have old information and now dead-links.Non-Payment Proceedings; as specified on their website here; https://www.nycourts.gov/courthelp/Homes/LTstarting.shtml under Starting a Case For Non-Payment of Rent, due to the change in the law you now must give a 14-day notice instead of a 3-day.

Hello everyone,My name is Andy Skarvada, 37 in San Diego, currently taking over my mothers real estate management business.We've got like 80 long term rentals and about 15 furnished vacation rentals.Wanted to systemize and automate the business as efficiently as possible, so far its a bunchof snail mail, checks, files and paper works old school I suppose lol.Just signed up with Buildium for the long term rentals which should help get everything more efficient, online and digital.Was wondering what software you guys might recommend for the vacation rentals.I know Home Away and Lodgix are big and popular but not sure about their prices.Are there any other ones that you folks recommend that would keep track of leads,inquiries, payments received, when payments are due, when their checking in,with house cleaning marked on an online calendar, a faster way to enter information and sendforms other than winforms and docusign and lastly a calendar that shows all propertiesand bookings, a faster online calendar system rather than manually typing it in excel as you can see attachedThank you all for taking the time to read this and any ideas, websites or companies that youmight recommend would be very much appreciated.