You could always have another termite company come in and do an inspection after the sellers do their treatment to make sure it was done properly and there's no additional evidence of termite activity.

You'll need to both remove the lead properly and get a lead cert if you have children under 6 in the property, even if they were there when you bought the building.

When renewal time comes, that’s when you reset to market with proper escalation terms.Lesson learned for next time: always include annual increases in multi-year leases — even 2–3% compounds meaningfully.

Raymond, I would provide proper notice to inspect.

But, know what you want to accomplish beforehand.Creative Finance is a great way to buy properties when done properly and lawfully.

The key is getting a good appraisal that breaks it down properly.

I believe I am calculating Mich non-homestead tax properly (1/2 Purchase price x 0.0766101). 

Learn how to properly evaluate a property’s value, analyze deals (ARV, repair costs, etc.), and determine how much you can assign the contract for while leaving enough room for the end buyer to profit.Finally, choose a lead generation strategy and commit to it.

How to do proper due diligence in 1 week that way i am not in trouble after purchasing the property. 

I haven’t filed my most recent tax return yet and want to make sure everything is set up correctly from the start - including Schedule E reporting, depreciation strategy, and proper entity timing.I plan to operate this as a real estate business (not just a personal tax return) and will be forming an LLC for my portfolio this year, so I’m looking for someone who can advise on both tax strategy and entity structure as I scale into additional properties.If you have a CPA you personally use and trust for your rental properties, I would really appreciate any referrals.Thank you!