They would have been an expense-able item for his taxes - so you can see also them if you ask him to verify employment history and income requirements with tax returns.I wouldn't want to take all the money upfront as doing so may well serve to create a de-facto agreement to let him stay no matter what.

With most investment opportunities, there is an Administration Fee, which is to cover costs of filing and listing a deal, handling financial commitments and performing tax and other reporting.The Administration Fee is a line item in the pro forma.

Put something up at the entrance that discourages vehicle use but can be opened for use by emergency vehicles and for the occasional moving in/out of big items such as furniture.Tell the tenants this change is a result of their not being able to work out a more viable solution between themselves.

I visit that area a few times a year and the property was vacant and all the items that were to be completed were not.

Comparing cost for an IRA vs 401k, at least one real estate SDIRA pays 2% on holdings; however they charge fees for every little item, and their lack of email security is quite extravagant.  

As long as you used the gift cards all up and promptly, I would probably staple your gift card receipts (showing you paid $90) to all your receipts of items purchased, and then just put it all in as one general journal entry with the $90 to your capital account (or if it came our of your business out of your biz checking account), and then the items you purchase multiplied by 0.9 either to repairs OR to increase the basis of the improvements which you would then depreciate.

If you plan on running a student rental, put in the heaviest duty bathroom items you can muster.  

I really appreciate the action items you suggested.

The good news is the publisher has a store on Alabama where you can check it out.http://keymaps.com/index.cfm?

Like most I also have business ideas revolving real estate but I believe that in order to start any business you need to be an expert on your field.I currently live in Newark NJ I had to go back to work for documentation purposes and me and my brother own a family business that’s been passed down to us and we currently grew to a store front in Furniture Upholstery, my original plan is to purchase my first investment using a FHA 203K loan on a 3 family for cash flow, I also have an investor willing to give me $10,000 so I was planning on using his money for holding cost I’m going to put up the 3.5% down payment and closing cost.