I’ve been consistently page 1-2 for 2 guests in the Smokies with 49 images, but it probably is a good rule of thumb to find some cuts for the fall and sunset pics rather than just dumping more in.

Bottom line, bring them some sort of value and in exchange see if you can pick their brain on how they got started, their processes, etc.

From an accounting standpoint it's pretty robust.Pros: Classes allow you to sort income/expenses by individual property, but you can still create reports for the entire portfolio (or just one class/property) so it's easy to see the income/expense, etc, on the entire portfolio.Cons: QB, to me, is a lot of accounting/admin work.

Ohh I am going to take off 30% of the value of the home, just because... and then I am going to deduct all sorts of costs, yeah.. yup."

Should I get an attorney to give some sort of notice?

Moral of the story:  if i had $2 million in an IRA, i would seriously consider cashing it out, being left with $1 million, and buying a property that would easily net you $100-120K per year for the rest of your life.What are your alternatives for that sort of income?  

Chris offers a list, but there are a lot of investors that aren't looking for some of those things, and even those items are a bit subjective.The one that I agree with in all manners is fraud risk, but that sort of gets to capital preservation too. 

You should always be ready and open to seller financing or some sort of creative financing.

If you're going in full time, a team would be great to learn from and sort of have the training wheels for the time being.

Hi Girish,Most states have some sort standard state form that is available with a Google search.