With how much real estate prices have increased it is unlikely you will fully eliminate capital gains in excess of the $500K exemption (assuming married filing joint) but any improvement costs you have support for can be added to your homes basis will help lower the gain amount 

Totally agree on what people want: I am also experiencing a fair amount of Owner/Landlords- especially investor clients building good sized portfolios - wanting more customization on repair authority limits and communications. 

I am between lawyers and would prefer not putting down a 2k retainer to ask this question, so I'm asking here in case this is an easy or common thing to do.I purchased a property at mortgage foreclosure auction - own it free and clear now except for the ~$2,000 HOA payoff, which in Florida follows the property.I already sent a check to the HOA's law firm before I had this idea:Since I paid for the house ~20k more than the judgement was, there are excess funds to be disbursed.

The housing authority pays the bulk of the rent, so your main risk is around property care and cooperation.

For a single-member LLC, something simple from Law Depot or Legal Zoom is usually fine with us provided it's fully-executed, provides us with ownership details, and tells us the authorities granted to the players.

OC investment guru charged with bilking $62.5 million from clients – Orange County RegisterBy Tony Saavedra Orange County Register UPDATED: September 9, 2025 at 6:44 PM PDTMarco Giovanni Santarelli billed himself as a “wealth creator.”On podcasts and websites, Santarelli, 56, pitched his Laguna Niguel private equity firm, Norada Capital Management, which offered unsecured, high-yield promissory notes backed by investments in Broadway musicals, real estate and cryptocurrency.But federal authorities allege it was all a scam, a Ponzi scheme that bilked some 500 clients nationwide of $62.5 million in investments — retirement money, family savings, nest eggs.Santarelli was charged Monday, Sept. 8, with one count of wire fraud and faces up to 20 years in prison if convicted, according to the U.S.

If you make 6-7 figures and have excess income you can cover things, gives you room to invest more.

I hear that some local Section 8 authorities are easy to deal with. 

I just started on a Reliant Continuous Service plan that automatically turnt he electriucity into my name when some one moves out and I authorize it.

If the holes are excessive or hard to patch then go ahead and charge.