Properly set up, you can easily generate a variety of financial reports, rent rolls, etc. and process all payables and receivables in an efficient an orderly manner.Usually you should be able to "lock" your transactions at the end of each month, permanently preventing any changes to prior periods once you close them.

Maybe not relevant advice based on your ideals but all I’m saying if feeling stuck and if buying a house is an option and your on a career path where you could do it again and again in your 20’s, then I would STRONGLY recommend it to you simply pull a trigger.

Therefore, I'd rather pay the taxes now and invest in cash flowing real estate that I can benefit from in both the short and long term, rather than lock the funds away for a few decades. 

We currently have a potential deal, but looking for lenders that loan to LLC before pulling the trigger and unable to pull out our capital invested.

The video to buy the product showed that FLIPSTER came with everything he advertised for $97 which is too many to go into on this thread - But when I bought it for $97 as advertised in the video those features were locked out unless I paid the $297 a month which was misleading and that is the issue!  

In-house costs for repairs & cleaning are billed at $25/hour plus materials & supplies.In signing this document I (we) agree upon and accept the above charges upon move-out.Date Executed: _______________ Date Executed: ________________ Tenant Signature(s): Landlord or Property Manager Signature: ____________________________ ______________________________________________________________ Plumbing Replace kitchen faucet $150.00 Replace bathroom faucet $105.00 Replace faucet handle $20.00 Replace faucet aerator $10.50 Replace shower head $27.00 Replace toilet $175.00 Replace toilet seat $25.00 Locks Replace key (door or mailbox) $10.00 Replace cylindrical door lock $35.00 Replace deadbolt lock $25.00 Windows and Window Coverings Replace window pane (single) $75.00 Replace window pane (double) $125.00 Replace mini blind $20.00 Rescreen window screen $25.00 Replace window screen and frame $50.00 Miscellaneous Replace refrigerator shelf $25.00 Replace stove/oven knob $20.00 Replace plastic countertop $275.00 Replace mirror $45.00 Replace medicine cabinet $75.00 Replace towel bar $25.00 Replace shower curtain rod $25.00 Replace shower curtain & rings $13.00 Replace shower/tub enclosure $350.00 Replace thermostat $80.00 Replace fire extinguisher $30.00 Remove junk and debris (per area) $35.00 Replace smoke detector $15.00 Replace combo detector/alarm $40.00 Replace alarm battery (per battery) $3.00 Replace drop ceiling tile $10.00 Replace wireless doorbell $35.00 Replace portable window screen $10.00 Rev. 2/15/2019

There is no problem starting with their asking price so you're locked in and you can then try and negotiate down to the 80% value level.

I'm not locked in to using the VA loan, more inclined to traditional loan for now, and I could attempt to pay cash depending on the price.

Hi @Alejandro B.My 4th unit is basically new construction -- it's a converted garage that became attached to the main structure during construction.I had to add fire alarms and sprinklers to the new construction 4th unit, but did not have to fully sprinkler the existing units because I did not touch them.A big renovation to convert an existing 3-family to a 4-family very well might trigger the need for a full building sprinkler system.

If she's only paid a deposit, and you claim Abandonment, you can repossess and change the locks without a court order.