Hey everyoneWhat is everyone’s feeling on using a property management app like Rentredi? 

Keep in mind money is important however so are marketing and management.  

and if the property is 3 units, but i am doing a large reno on only one unit, can i get away with just making that specific unit lead free or would i have to make the entire 3 units  lead free in order to qualify for lead free at that address?

I understand that the IRS requires the properties be for investment, but since they were gifted, I'm not sure what they would look at to determine.   

It's quite difficult to do (and sometimes illegal) when purchasing multimillion dollar multifamily properties through a syndication structure. 

You should speak to an real estate lawyer before purchasing this property. 

Another big factor is which state the property is located. 

I am considering getting a HELOC to pull 75-100k for a 25% downpayment on a rental property. 

Whatever reasons you come up with could apply to properties that cashflow. 

Half of my properties in the Smokies are under the vineyard category.