You can only charge for out of pocket repairs. 

As a buy and hold real estate investor, can you charge a tenant for repairs if they do not take precautions during a freeze by opening cabinet doors, letting water drip, covering outdoor spigots etc. which cause pipes to burst?

As a real estate investor and attorney, who already had a custom operating agreement for my business, I immediately saw the value and purchased the LLC Master Machine after the event.Also, to put the price point in perspective, I usually charge ~$2,000 for an entity organization/incorporation and the accompanying governing documents.

Please share if you know of a reliable contractor who isn't going to charge double what the job entails. 

I don't do much commercial but the lender I use doesn't charge a fee up front. 

If you want my full library, PM me.While the general theory is fairly universal, depending where the OP will be investing, many of the references above will be lacking detail applicable to his home market.

Since such PE's do their own due diligence, they charge a fee for their services.

Here are some online places to buy state-specific legal documents:LegalNatureLaw DepotUS Legal FormsTenant Application:  You will want a standard application form that tenants must submit. 

Hi guys, I have been purchasing rental properties in TX and GA using conventional mortgage, but I'm thinking at some point in the future I want to purchase my own primary residence, and afraid that if I keep buying rental properties and maxing my leverage using my W2 income I will be too levered to buy my own residence.As someone that recently started out, I use conventional mortgage because of the lower interest rates and my lender doesn't charge me any origination fee (although not a fan of 25% down on small multi).

Also, requiring a prospective tenant to fill out an on-line application before being contacted to make an appointment might cause a lot of people to just go to the next property in their search results list.