This way the two will work together creating a higher quality finished product and I will have the ability to make the necessary energy efficiency and aesthetic upgrades to the older portions of the structure.

The unit will be working hard trying to get the humidity out of the home.The new High Efficiency air conditioning units may be partly to blame.The Manufacturers use a smaller compressor with a larger outside coil and inside coil to get more efficiency out of the units.This cuts the dehumidifying capacity of the equipment way down.Humidity in our homes is a major concern in our climate.

The reality of this is it's not surprising.The fact that they cleaned the inside living in it that long is a miracle.Usually people that have lived somewhere 10,15,20 years etc. accumulate a ton of junk.This is why when a bank forecloses and they offer the former owner 2,000 to leave in "broom swept condition" many times they seller will deny the cash for keys.The reason is most likely they are downsizing and the amount of money to rent trash bins and pay a truck to move their extra stuff combined with storage rental fees is a losing proposition.They come out way ahead by simply leaving all the trash there and sell off the rest and taking the leftover essentials to the next place.We would see this all the time on the REO side.If they didn't have much stuff and only lived there a few years cash for keys was more successful.You would need to prove they dumped it there.I would just get it hauled away and move on.If it's a short sale at least in my area the former owners are on the verge of bankruptcy and it's a waste of time and energy to go after them.

. ;-)I wouldn't spend too much time and energy on one until you acquire about 3-4 rentals, 2-3 years experience managing them, and begin seeking private investors/partners to grow your business or try to get financing through a portfolio lender or commercial bank.

Right now, it's a mix of private lending (via LendingClub) and precious metals/energy juniors (stocks).

Currently one package unit handles both apartments, a throwback to when it was one apartment before I split the bottom into two equal sized units.Corporate tenants expect good things, so I have to give them separate control, which either means adding another package unit and splitting the old rusting ductwork, or putting in a mini split system, which I figure will be more efficient I guess my question is, in a house with not much insulation, would a mini split more efficient than a package unit for a person like me who is paying all the bills?

So they misbehave because they have pent up energy they're not getting out.

This allows each one of you to maximize your tax efficiency (by electing S or C Corp of need be) while not affecting the other partner's personal tax position.

Lunchbreaks, nights and weekends had to do and in fact I am grateful because it tought me to be very efficient with my time.

My name is Garrett White, and I'm a Nuclear I&E Specialist for Duke Energy and part time real estate investor.