2) Should we add the new tenants via an addendum or have all occupants both old and new sign a new month to month (m2m) contract?

I intend to qualify as a REP as I have no W2 income and handling the purchasing and managing of my investment is technically my job now (i do have a handyman as I do not live in the state where my property is, I do all things related to the property other than on site repairs). 

I've sold 6 properties in Denver metro (all under $500K sales price) and the highest commission I've paid to my selling realtor has been 2.5% (+2.5 or 2.8% to the buyer's realtor).

Need to make sure that all legals are in place as buying overseas is a risky game for sure.Hurricane Jaoquin went through so everything is literally 50% off lolThanks and much success

In all seriousness, its simpler to include any fixed costs into the rent.

We reluctantly signed a 2nd year with him because we did get all of his late payments and the property was taken care of.During the 2nd year, I let one late payment slide as a courtesy due to tenant family circumstances.

They all tend to look alike and as soon as one sells out, they build another one next door or down the street. 

I have two questions with this:1. if I choose to take title under my personal name, does that mean I need to use all of my personal funds to submit EMD, rehab, etc. to avoid commingling funds with my flipping business?

They give me an Owner Statement each month with all the details like Beginning Balance, Cash In, Cash Out, Owner Disbursements, Ending Cash Balance, Property Reserve, and Net Owner Funds.It’s super helpful, but it doesn't cover all expenses, and I need to get all this info into QuickBooks.

All inspections were passed first time.