When a landlord has great occupancy and slightly above market rents it's because they screen properly.They also have good tenants lined up at the door to rent even though rent is slightly higher.The reason is the landlord builds a rep for taking care of their buildings and when a problem arises the landlord fixes it quick.Just like bad tenants you get slumlord landlords out there who don't want to fix anything and pack people in like sardines which is against city code health and fire ordinances.So it all comes down to if you run your properties right and have bought them right to begin with then good tenants will find you.If you have a run down piece of crap you will invite gangs,drugs,no pays,high turnover and everything else under the sun.I believe at their core most tenants want a nice,clean place to live for an affordable rate.

By plowing most of it into our 401ks we avoid the big caveat: Going over x dollars per year in AGI and having to pay back $18,000 in ACA health insurance subsidies.

Is this a health hazard?

I actually had a tenant (who has been my tenant for 3 years now) call me last month to tell me that his wages were garnished due to unpaid health bills for his sick wife and asked if he could pay me the following pay period.

Mark Wilson, for me to properly advise on such a purchsae and the optimal arrangement/presentation, I'd need much more information and you can do that by a PM, then without disclosing that information we can discuss it here.IMO, this is not a property for a lease option or any installment contract, that is not appropriate on a half million dollar second home.If you have the opportunity to buy and the ability, buy it, don't screw around with options or wishy-washy methods unless there is a reason to do so...IMO.Your 80/10/10 split is an option, but more likely it will be 75/15/10 on a second home for the first mortgage.There could be more from the seller, but you need to know more about them, age, estimate health conditions, tax issues, other investments/est. net worth....are they a sophisticated investor?

You cannot discriminate against breeds - you can only discriminate against the animal if that specific animal is a threat to others safety or health.

This C-Corp is a 1% member of the WY holding LLC, so it is technically one of the owner of the properties titled in the sub LLC, and as such can manage them without needing a property manager license in some state.Using a C-Corp for the property management let me get all the fringe benefits you can get with a Corp (health reimbursement plan, solo 401k, deduct all investment expense).

I have kids in school and currently looking for a part-time day job in health care. 

Otherwise you can try calling the building and/or health department.

The units off TIllman were a great project for the Binghampton CDC and now houses elderly for the Church Health Center.