Quote from @Marisa Nack: Is rental arbitrage a good option for starting out instead of buying on a limited budget?

Either way, the income still ends up on your federal return, you’ll just have to file in Texas if your gross income is in millions (probably not applicable to you right now).This post does not create a CPA-client relationship.

Also, many with too many occupants, I am limiting it to 3 or 4 because of the septic.

Its tough to know from this information as the endorsements offered are equally important to the coverage limits.

I just purchased two investment properties in the Savannah, GA area and looking for anyone that has an up to date lease template I could use that is current with all applicable Georgia State Laws?

The log requirement to track the hours hasn't changed so something from 4-5 years ago should still be applicable now.I would create an excel workpaper with 4-5 columnsColumn 1 = DateColumn 2 = Amount of hoursColumns 3 = Description of property worked onColumns 4 = Task performedYou can create 'drop-down' features to reduce the amount of repetitive phrases.

All our ads are online, so you need internet access:1) To find them2) We only schedule showings online3) To apply online4) To submit applications docs online5) Holding Agreements and Lease are only signed onlineFunny story: took over management of a property with existing tenant.

Since I am out of state, my options are limited.

it is only for new applications and not for renewals.

I'm hesitant to go that high because I will be renting my current primary which limits my capital.