We than always make it clear in writing and in conversations that the client always may go outside that and choose their own inspector.

We had an Open House style showing yesterday and had a line when we arrived to unlock it!

Put a For Rent swipe sign in front of the property...it's a great cheap date.Best.It might be a good thing to have 150 calls in the first two hours but I actually write the add in such a way that I will get many less.

Hi Duncan, Yes you can negotiate during the due diligence stage and you can try to negotiate at any point in the sale process until close.If you end up not being able to move forward during your due diligence, your earnest money deposit should actually be fully refunded to you, provided you put in the contract that your offer is contingent on your ability to do your due diligence.There were several deals I worked on where additional repairs were found during our due diligence that necessitated negotiation.What we did was thoroughly explain to the seller the impact of the additional expense and then offer them the options of moving forward at a lower purchase price, or working out terms at the same price (owner financing/sub2/something else), or cancelling the agreement.Usually, the seller would choose to move forward at a lower purchase price but we definitely had parties choose to cancel or finance too.If they chose to move forward at a lower purchase price, we'd write up a simple 1-sentence addendum to the original contract stating the new purchase price and have both parties sign.You may want to include a deadline in writing of when the seller must respond by before you move forward with cancellation so you don't lose your EMD.

You can still have them write and send letters, but the letter should be vetted/read over to make sure there is nothing in them that violate fair housing.

If you decide to let them do it just make sure you put in writing that they will install and remove when they move out.

Not my style and sounds like not yours either.

Writing triumphs over verbal.

Hi Erick, I would recommend writing down a list of criteria with your partners. e.g. population, population growth, capital city, college town, etc.

And the underlining assumption is tax treatment differences will make big difference.I own rental properties and invested in syndication and to me, it's comparing apples to oranges.As Tony mentioned, you typically get a large passive loss in MF syndication the first year which offsets your distributions for many years (no tax). with direct ownership, you get to write off all the things OP listed above, so you typically end up with very small or no tax liability (at least in my experience).