I wrote the above for informational purposes.

I wrote the above for informational purposes.

You can however focus on the most recent occurrences.As you know, it's not a good idea to allow a tenant to routinely pay rent late and it's not a good idea to allow a tenant to deduct anything from the amount of rent that is due.The whole stove incident could have been handled better if after she failed to allow the stove delivery the first time, you had served a legal Notice to Enter for the purpose of installing the stove on your second attempt.

I have a multimember LLC taxed as a partnership.For one trip using my personal vehicle for the purpose of renovating one unit at an apartment complex, total mileage = 100 x 53.5 cents/mile = $53.5Does the LLC then reimburse me for that amount, so that the expense now becomes the LLC's, and not my own?

@Ernest Chamblee getting started as an agent for investor purposes is great.

I wrote the above for informational purposes.

Hope this helps illustrate how important it is as an investor to reduce your insurable risk by having a knowledgable agent.Fred was insuring his house for $114,500His policy had a coinsurance percentage of 80%Fred had a $1,000 deductible on his policyFor purposes of this example, we will assume Fred had a $20,000 claim when hail damaged his roof and his vinyl sidingWe discovered the first problem with Fred’s policy and that was, when he purchased his house back in 1991, he bought the insurance policy with the limit of coverage being required by his bank.Sounds pretty familiar, right?

Note the purpose behind cash for keys: it is basically an incentive for the tenants to do number 2.

@Lane Kawaoka I agree about living the dream- although I suspect that the more you move into purpose driven "professions" the more satisfied people there are.

Thermostat: Leaning toward Nest-E ($169) ... a bit overkill for my intended purpose though.