Some tenant stiffs on multiple months of rent and I need to incur legal fees (will probably never collect from the tenant) and travel/hotel (at least I can write that off).The joys of landlording... big picture it pays off but lesson learned on my part around eviction handling given the property ownership and not having a PM company.

Should you be amenable to fulfilling this role, there might be some fees you can collect for services rendered.   

The real risk isn’t just missing extra depreciation, but misclassifying assets, mishandling rehab allocations, partial dispositions, and bonus depreciation, which can far outweigh the fee of a professional study. 

This home is great due to its location and that is why I am strongly pushing for it.Here’s the situation:Purchase will be my primary residence initiallyPlan to house hack in year 1Rent the townhome starting year 2 and hold long termThe deal does not meet the 1% rule, but I’m buying based on location, appreciation potential, and long-term rent stabilityI plan to refinance into a fixed loan (FHA -> Conventional) once the market advises me to do soFinancing details:FHA 5/1 ARMThe ARM is being used because I currently don’t have the cash to qualify for a fixed-rate loanGoal is to refinance before year 6, ideally between years 1–4I understand townhomes come with additional considerations (HOA fees, rental rules), and I’ve reviewed the HOA guidelines to confirm rentals are allowed.For those who’ve done something similar:What should I be most cautious about with a townhome + ARM combo?

That means you can keep your cash handy for other cool stuff like investing in new opportunities or sprucing up your property.Now, here's a nugget of wisdom: skip unnecessary broker fees and go straight to the source.

What other fees are assessed to owners?

-based investors.I’m trying to sanity-check whether it’s realistic to think those strengths can have real value early on, or if the market generally expects you to take a scrappier route first regardless (smaller assets, fee-only roles, wholesale-style sourcing, etc.).thank you!

Most deals there are A/B class and already stabilized, so hitting 6–8% cash-on-cash is tough unless you find something undervalued and buy with personal cash (no loan, no fees, no interest).If you're open to more value, check out spots like Franklinton or Driving Park, still close to the action but better return potential.

Assignment - ARV - 30% - Repairs - Assignment fee = Offer2.

I remember hearing someone tell me before to always place properties in LLc to avoid demo fees or fines if that were to occur but i typically do some type of development with the properties i purchase or I sell them.