And when bad ones get through, they don't know how to handle the problems created.People constantly tell me they will never get into rentals and they don't understand how I maintain my sanity.

See if they will do a joint check

With the constant hardships of finding great deals in the area, we decide just to build a small structure on site and rent it.  

 Does anyone know if the homestead exemption applies entirely to each of the joint tenants or does it split?

He basically was having people over constantly.  

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Then, if there is still secondary entitlement remaining, that opens the door to more options a year later.There is a provision that allows two VA borrowers to combine their VA loans together and do a ‘joint loan’ for a multi family property of more than 4 units.  

Tax planning is like a budget - it’s great to have one and have a plan all set out, but unless we are staying on track with it and constantly assessing it throughout the year, it won’t serve its purpose.Have you considered specialty tax credits?

Some of these topics may be of interest and may want to be discussed in further detail:Advantages of having a license vs not having a licenseExpired listing goldmineRent to OwnHow to give choices to the seller that can eliminate the competition Creating a Joint Venture with homeownersSpecific steps in dealing with disgruntled sellers and how to create a win-win solutionHow to quickly create cash flow Most investors do not have a specific action plan they tend to take a Ready, Fire, Aim approachI do have to include a small disclaimer: Some of the information Brain asked me to keep confidential, so I will do my best to answer questions without violating his confidence.

I had to spend $6,000 on a new roof after constantly repairing it which is my responsibility.One of the advantages pointed out in owning commercial real estate is you don't have tenants calling you about stuffed toilets, among other problems.