We later used an attorney to review and update the structure, about $500.00Get your EIN online, set up a bank account and do not co-mingle funds.Folks will know you are the landlord, we made it clear to tenants that I was the handy man, my wife is the business manager(the brains of the operation).

My viewpoint of Students is mostly positive.Pros They tend to pay rent through their loans or their parents (that should co-sign where possible).  

Every property mgmt co I know, including my company, collects the rent from the tenant and then deducts our monthly fee as well as any repairs completed and give the remainder to the owner once the check clears.

Looking to build that team out before I begin putting offers out.Hi Desmond - If there are no certified 203k contractors in your area like Paul mentioned, you should start asking your friends, family, and coworkers if anyone can highly recommend a general contractor they have had good experience with.

Pearl St in Boulder Colorado. 

In New Hampshire there’s a state-wide moratorium until 5/31/20 on all lodging for anyone who’s not an essential worker or residents self-quaratining.

Now the building inspector is telling me he will give us a CO for 2 apartments (and remove the commercial space).

@Nicholas Lohrhi there, I would like to connect with you and get your thoughts on building multi family in the Colorado area.

Most landlords wouldn’t be able to cover that bill.Perhaps they could look into local social programs like this one: https://www.unitedwayoc.org/how-we-are-doing-more/housing/And, in the meantime, California (unlike the feds) has decided to now offer unemployment assistance to undocumented immigrant workers impacted by this crisis.

I am planning to make an offer to buy an inherited property from my 5 co-heirs.