But I always advocate to my clients to protest tax valuations every year as they get reassessed annually.

Also, because I was uncertain if the Neal Wolf in that video is the same Neal Wolf that was a mortgage guy who got convicted in a large mortgage fraud bust in 2008.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Key things to agree to The interest rateamortizing or interest only loanLength of loanLength of amortization (does not have to be the same as length of loan if there is a balloon payment)When are payments due; monthly, quarterly, annually at the end of the loan etc.Are there any upfront points to be paid and other misc terms like late fees.Then have an attoney create a Note and a Mortgage (or deed of trust depensing on the state)

The only two reasons I could see for annual turnover is if you do student rentals or are over priced for your market.

@John AnselmoThe landlord forms are available for free for Pro annual subscribers only.

That is $13,200/yr, which is nearly a 20% annualized return on investment.  

The cost to repair it is close to the net annual income.

The tenants looked hard for 4 months and could not find any property with lower rent and ended up sign the renewal, and subsequent renewals with annual rent increases for 3 more years.

Would you ever have imagined a national lockdown stretching months for a flu that had a mortality rate a fraction of heart disease annual mortality rate?