If the tenant causes an expense, I charge it back to them and expect them to pay it.

A small repair job could turn into a very expensive job because of their failure to notify you of any problems.

The table below shows what will be the least expensive option for the borrower for their loan based on time.

I'm looking at a multi-family property and one of the closing conditions for the bank to approve the loan is an environmental form that they want the seller to fill out.The seller says that he would open himself to liability if he filled the form out and hence doesn't want to fill it out.The seller and his agent are very difficult to deal with (rude, abrupt, and generally uncooperative) and the only reason I'm pursuing it is because the numbers look good and it's a strong property.The bank says the only alternative to the form being filled out is to have an expensive Phase I environmental assessment done.Are there any other alternatives to this?

In my opinion its second biggest expense that holds people back.Sell all of your toys.

My personal take was them folks are stuck in their ways, including my CPA (whom I love dearly.)Also, isn't less expensive to do your taxes with a Series LLC as opposed to a bunch of separate LLC's?

It's very expensive and it's not for everyone, but I was able to make a profit still and had someone helping to kind of guide the process a bit. 

Demo and new concrete are expensive...

I use a property manager for my small multifamily buy-n-holds and I calculate that into my expected expenses for any potential purchase, as I should.  

I’m writing this because I need some strategies and ideas on organizing and jeeping track of expenses, numbers and fees.