If they slip on the little things what else is happeningTry a different agent, but don't burn the bridge.John

Since I'd end up paying for everything else anyway, I'd probably just continue to send a check to the bank to pay the mortgage on his behalf.I feel like Master leases are like a white Unicorn in the real estate world around here (New England).

Any suggestions on what else I could do with my valuable service?

I gave him a check for the 12.5k, he signed over to someone else.

. $100/unit/month is a reasonable planning goal.Now regarding you question about cash flow and class of neighborhood... if you want to be hands off, please focus on higher end rentals.In my opinion, lower end rentals need landlords to advocate for the neighborhood else it'll stagnate and possibly take a turn for the worse.If you’d rather avoid the default leadership role, then aiming for less cash flow would be wise.

He just said the floor was wet, and water leaked thru the lights below.The renter said that the toilet is now completely empty so hopefully nothing else will leak.

If its single family, neither, you put them in your name unless you are worth a few hundred million and are worried about the liability.They don't give conforming mortgages to LLCs or S corp, they give them to individuals, which allows you to lock in the low rates still available for 30 years.After you have 10 mortgages, you will have to do something else going forward on financing, but for single family just buy a good umbrella policy.Multi-Family is a different game completelyandy

thanks @Bryan R.Anyone else have any other recommendations for a CPA in King county or Snohomish county?

But if it is such a deal, why hasn't anyone else bought it?

Question his references or your sources to see if he has ever done this with anyone else.