That’s a big difference from the $77,000 they’re putting down with the typical conventional mortgage (see graph below):Essentially, buyers who use an FHA loan may not have to come up with as much cash up front.

While the approval process can vary according to scale and scope, the essential drawings often remain the same.I think one of the biggest mistakes investors make is trying to bypass the design process or viewing plans as a mere formality.

They would overheat and not trip, thus causing fires.I would focus on health and safety items first, then cosmetic second.

As mentioned, you’re essentially collecting over market rent for waiting what, a week?

As a buyer, you're essentially stepping into a cash-flowing business from day one.Why Turnkey Is Powerful (Especially for Beginners)Passive income: Unlike wholesaling (which is active), turnkey investing pays you monthly with little involvement.Speed: You can own a rental property in weeks, not months.Built-in team: Property management, contractors, and leasing are already in place.Lower barrier to entry: You don’t need to be a deal-finding expert or manage renovations yourself.Tax benefits: Depreciation, mortgage interest deductions, and even bonus depreciation in some cases.Where People Buy Turnkey PropertiesTurnkey companies usually operate in affordable, landlord-friendly markets with strong rental demand.

If it's just removing shoes and there’s no safety concern, I usually comply—or I wear clean shoe covers, which is a great middle ground and keeps things professional.I think it’s important not to make it a power struggle.

Here’s what a thorough screening should include:Credit Report – Offers insight into the applicant’s financial reliability.Judgments & Liens Search – These no longer appear on standard credit reports, so they must be pulled separately.Eviction History – Crucial for spotting prior lease violations or payment issues.Criminal Background Check – A nationwide search provides a broader safety check.ID Verification – Confirms the applicant is who they claim to be.Income Verification – Instead of relying on potentially manipulated pay stubs, this option pulls actual bank deposit data over time to confirm income stability.You're on the right path—just keep building your processes, and don’t be afraid to ask questions along the way.

Whatever your investment path may be, two key pillars, tax planning and asset protection, are often overlooked, yet absolutely essential for building a sustainable and successful portfolio.It’s easy to focus on the thrill of closing deals, but without a solid foundation in these areas, your long-term success may be at risk.

Essentially you aren't paying taxes on the gain anyway, so deducting it is irrelevant.

Until she owns 100% of the LLC, she essentially has no enforceable real property rights.