Most people aren't going to pay full asking price just like most people don't pay full sticker price at car dealerships.

We are working on bill pay. 

Just follow Texas notice requirements, but consider:• Offering a move-out bonus• Helping with timing so they can transition smoothly• Maintaining open communicationA small incentive avoids friction and protects your reputation.3.

3) How do you intend to find them if they don’t pay?

Justin, for clarity when you say you want to take advantage of the 100% bonus tax depreciation that Section 179 allows you to expense the full purchase price of eligable business property (farm equiptment for example), however "real property" like a single family or duplex does not qualify for the full expensing or depreciation.

Should I start paying the mortgages from the new LLC for draw money out to the members and pay mortgage from our accounts?

I’m not a CPA, so definitely verify any of this with one — but here’s how I understand it from working with dozens of investors around this strategy A few things to think through before deciding if it’s worth pursuing: – Your income and tax bracket — that’s what determines if the benefit’s meaningful – STRs vs LTRs — STRs often qualify for material participation without full REP – Whether cost segregation and bonus depreciation can offset enough income to justify the effortWe’ve helped dozens of out-of-state investors go both routes, many from the Bay Area actually this year haha: some through STRs, others through value-add LTRs using cost seg.

They will pay cash or use private $ to acquire and renovate.

But single-family homes can still compete if land value is low or outdoor improvements are high.Bottom line — it’s not “condo vs. home,” it’s after-tax cash flow vs. headaches.

Mostly stuff from Wayfair- it looks great, quality is decent, but I think it's great for what you pay.