However, based on your situation, I’d recommend pushing back a bit and explaining the specifics of your arrangement.Most third-party property managers are listed as the main host on Airbnb or VRBO and will input their own banking and tax information so that all payments flow through them on behalf of the property owner.Typically, the management company collects the gross rental income, deducts its management fee and any expenses paid on the owner’s behalf, and then remits the remaining funds to the property owner.In this setup:You would issue a 1099-MISC to the owner for the full gross amount collected, not just the net amount remitted.Separately, you should provide the owner with a monthly or annual summary of all expenses paid on their behalf (including your management fee).This allows the owner to deduct those expenses against the 1099 income, effectively reporting only the net rental income they actually received from you.The owner would then deduct any other property-related expenses they paid directly (e.g., mortgage interest, property taxes, insurance).From your perspective:You would only recognize income for your management fee and any expenses you paid directly that weren’t reimbursed from rental proceeds.You do not need to pick up the full gross rental income you collected on behalf of the owner.Likewise, you shouldn’t deduct expenses that were paid using funds that were ultimately remitted to the owner.DM me if you have more questions!

There are several objectives on this investment:  A. 

In this post, I will explain a process and provide the necessary information sources.Selecting the right investment city is crucial for achieving financial independence.

But you, as the landlord, have to make the final decision based on objective criteria.

If you're a real estate agent, loan officer, or escrow professional:Refer clients to a licensed attorney for deed preparation.Provide the client with a blank deed form (if applicable) but do not fill it out or explain its terms.If asked to help with preparation, explain that doing so would violate California law unless you are a licensed attorney or a registered LDA working within your legal capacity.ConclusionWhile real estate professionals play a vital role in facilitating property transactions, preparing deeds in California is a legal task restricted to attorneys, registered LDAs, or the parties themselves.

I break that cycle.I explain the consequences of an eviction to the tenant.

It's objectively rated as a great place to live, but obviously you need to be ok with Winter.

A well-crafted asset protection plan helps limit liability, preserve your wealth, and position you more securely in the face of legal challenges.To navigate both areas with confidence, it's essential to work with experienced professionals, including a tax advisor who understands real estate and an asset protection attorney aligned with your long-term objectives.

But that may be why the lender is now trying to execute a PSA...I don't know if that is the right way to accomplish the 'refi' or not, but that would explain part of what may be happening here. 

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-team