Consider including clauses for subleasing, as college students may need to find replacements if they study abroad or graduate early.In terms of management, be proactive in addressing any maintenance issues and establishing clear communication channels with the tenants.

The parties experience, strengths and availability are critical to ensuring  the partners duties and responsibilities are compatible and capabilities are sufficient to execute on the business.

I've been in the home valuation business for 30 years, so I'm highly proficient at using the MLS and County Records nationwide. 

Good luck and Happy Bidding.https://www.tax.newmexico.gov/businesses/property-tax-overvi...

With the BRRRR strategy, you can "force" the appreciation and get the benefit of both.Please feel free to connect with me if you have any other questions, and if you need any assistance or guidance with bookkeeping, taxes, or other business strategies please let me know.

A little bit about me is I have always been business minded since I was a kid.

(STR)I'm researching the best and most straightforward ways to structure this arrangement from a business and tax perspective.

In my state, property management is completely unregulated- generally, that's a good thing for business, but man, you should see some of the leases we inherit.

Middle school dances and starting a business…In many ways, creating a business is really like attending your first middle school dance.

I don't have the cash but I've been actively investing with my vacant land business for over 2 years now, so the hustle isn't an issue.