(Other states might be different, and treat the property manager as an agent of the owner subjecting the owner to respondeat superior (automatic) liability if the property manager is liable.)

Does that automatically make the LLCs useless?

He adjusts the thermostat.

--that are an automatic disqualifier.So, it seems to me, the question is do you want to lower your standards to capture the small number of people with a score below 600 who would still be good tenants, or just reject anyone with a score below 600, and have an effective tool to quickly eliminate a large number of problem people?

Think I'd make adjustments for that and the fact that higher maintenance and repairs for a while too.

In one of our buildings we still have our own machines, it only has 40 units and yet we generate more income than the 65 unit building (contract adjusted of course).

In my area there has been a migration into new development and a lot of the former big flippers have adjusted strategies and are now doing tear downs and rebuilds as well as huge additions, I'm talking about 90% new construction when they're done.

And yes some people do feel like they can pick and choose parts of a bid, which sometimes is the case but not always.I did give itemized bids still so they could see why I was charging what I was, if they didn't like it we can discuss or I could just have said take it or leave it or adjusted my number accordingly for the reduced amount of overall work I was going to receive.

So now, I am starting to not automatically include them.

You will report the sales price as zero on the 4797 and the remaining basis that is left as the adjusted basis.