If you're considering using real estate to reduce your W2 income, having a partner who understands the tax code and case law is an important piece to staying compliant.

--- Owner just hired us because we showed them that 2-3 years of rent increases they failed to do would cover our fee:)2) Expertise - they don't know how to:- Properly advertise their vacancies- How to really screen applicants, including fake service & emotional support animals- Create a robust lease, compliant with federal, state, & local laws- Handle nonpaying tenants- Evictions- Etc..NOTE: if they had more time, they could learn all this.Finding more clients: find out where they are and be present.This could be in person networking or online.How many agents have you approached for management referrals?

Working with both a qualified intermediary and a CPA will help ensure everything stays tax-compliant.

It seems like the regulators are pushing hard on the service providers to be compliant so even if we do not believe it is necessary.

You have to make your unit attractive, well-maintained, and CMHA-compliant.

Nobody  but the most unsophisticated investors would consider a syndicate deal that wasn’t compliant with Reg D Sec 506.  

The good news is a 1031 exchange is really just buying and selling investment property with a couple IRS timelines (45 days to identify, 180 to close) and other reinvestment requirements.A good 1031 intermediary keeps you compliant and makes the process smooth.A broker who knows 1031s isn't a requirement but definitely helpful.

That way you're protected and staying compliant with Fair Housing guidelines, while still giving qualified applicants a fair shot.

The parents never bothered to come see it and whatever they imagined the place to be etc. the place is fully compliant and habitable.

Stay compliant and just avoid themI’ll push back on this.