That would mean tearing up the yard, the walls and ceilings to install it.I pointed out that the kids would be tripping the alarm all the time and activating the sprinkler system.

Once I retire (1.5 yrs) I can be more active but could use cash flow now and I am more bankable now with a job.David, I imagine I could do this myself but starting at ground zero requires lots of research.

I always go into the home at least once a quarter to let them know that I am an active landlord and to also check for real damage, change HVAC filters (Because tenants rarely do and it causes a huge bill) and water damage / prevention (Caulking).

There are 6 active listings at 200K or less in the entire zip code. 3 are in an awful development - not quite a "war zone", but definitely section 8.

Note: Most of our speakers are active BP contributors, and are the kind of people who want nothing more than to help us change the way this business works . . .

Bryan -The property management company is correct in that you do NOT need to issue them a Form 1099 unless your rental activities are being treated as a trade or business.

The LLC should NOT carry on any business activity for exactly the reason that Steven stated.

Does Rangeley have any activity with foreign nationals (Canadians) buying property there?

Developed Facebook Page6.Set up google voice I am really trying to stick with the written plan.I log my activity at the end of the day.

Being a new investor I want to check my thought process with some that are active investors to see if I am in the same ballpark.