They will be able to tell you the potential for getting a rezone, and tell you the entire process for getting a tentative map drawn to submit to the Planning Department for approval, and give you a list of every step that needs to be done to do that.

Quote from @Angelo Llamas: @Michael Plaks thanks for responding but okay that makes sense at least one of us can get it because  yes I plan on doing all the day to day approving guest scheduling repairs, book keeping etc I don't plan on using property management so I'll be   pretty heavily involved in the STRSadly, I see some incorrect advice on this thread, even from fellow professionals.

So I have 8 properties and the accountant received 2 P&Ls.

Typically best to send by mail and require a signature to receive, other wise tenant can easily say they did not receive notice.   

In my own experience working alongside investors, I’ve noticed that having a fast-approval, investor-focused financing option can completely change the pace of a project.When funding is ready in days, it’s so much easier to stick to the BRRRR timeline and avoid missing deals.What’s been your fastest turnaround time from deal finding to closing?

New luxury rental buildings have come online, one just broke ground half a mile away, and another is approved and will go up right next door (200 rental units).

Manufactured Housing CommunitiesConcept: Acquire/develop 55+ communities with modern manufactured homesLocations: Along I-93 corridor (Plaistow, Salem, Windham)Partner Profile: MHC operator with NH experienceProjected Returns: 12-15% cash-on-cash with low turnoverDevelopment Partner CriteriaWhen selecting a local development partner, prioritize:Local Market KnowledgeMunicipal approval process expertiseRelationships with planning/zoning boardsUnderstanding of septic/well requirementsProven Track RecordCompleted similar projects in last 3 yearsReferences from local officialsNo outstanding litigationFinancial AlignmentWillingness to co-investTransparent fee structuresPerformance-based incentivesRisk MitigationEntitlement RiskPhase deposits tied to milestone approvalsPartner with local land use attorneyPre-application meetings with town boardsConstruction RiskFixed-price contracts with reputable buildersContingency reserves (10-15%)Third-party construction monitoringExit RiskPre-leasing programs for rentalsRelationships with regional brokersFlexible hold periods with refinance optionsNext StepsMarket Tour - 3-day property tour of southern NH countiesPartner Identification - Interview 3-5 qualified local developersSite Selection - Identify 2-3 potential parcels under contractFeasibility Study - Conduct 60-day due diligence on top siteSouthern New Hampshire's rural markets offer compelling fundamentals for investors who can navigate the development process with the right local partner.

Generally you want to keep track of your rent income received, your expenses and then you want to have your purchase agreement from when you bought the rental property to properly account for depreciation. 

Hello BiggerPockets People, I manage a small book of for single family rental properties here in Orange County, California. Most of the tenants pay with paper checks, and one pays by electronic wire, which we incur a ...

If you're buying a new single family residence that is only one unit and are relying on lease income from roommates to qualify, your loan approval is likely in danger.