Quote from @Carlos Handler: This is all great stuff!

Moving from a 3 handle rate to an almost 8% DSCR feels like defeat.

Then the guest speaker started discussing some legal topics and I thought some of the advice was not great (since I handle real estate transactions on a small scale) so it turned me off a bit.

Quote from @Jake Handler: I would love to connect with people in Northern New Jersey that are utilizing the Medium Term Rental strategy locally; specifically furnished rooms that are being rented. 

Not saying that attorneys are great, but your attorneys wouldn't be customarily called upon to handle real estate transactions. 

This sounds like someone who needs to either handle all of their own repairs and let you handle rents/leasing or they need to self manage. 

Also, QB standard account code need to be modified to handle real estate expenses and income. 

---Here is the repair note: The air handler was in the opposite direction and the water fell from the condensate pan, which was removed and was placed correctly.

I served a notice of non-renewal to my tenant with the lease ending in June. The tenant requested an extension to find a new place, so I granted a 15-day extension with a new end date of July 15th. It was clear to bot...

I served a notice of non-renewal to my tenant with the lease ending in June. The tenant requested an extension to find a new place, so I granted a 15-day extension with a new end date of July 15th. It was clear to bot...