Yet finding MOUSE HACKER in April this year they provided great support and dealt with all the various correspondence after I provided them with as many details as I could.

We use a YTD paystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make sure they’ll always be able to pay the rent on time.

If you want to schedule a call sometime I can go over the spreadsheets with you and show you the numbers and the corresponding relationship.

I look forward to possibly corresponding from time to time.

@Vincent DeLucia check out our website where we have the entire Metro Detroit area listed by Property Class and the 183 Detroit Neighborhoods.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Spot on- you nailed it.To add to this, be very careful about private correspondence, as well. 

This list would contain the zip code and corresponding name of the municipality, and a breakdown of the number of SFRs.

The sale of your existing property and subsequent 1031 Exchange into land with a corresponding build-out of a multi-family property is referred to as an Improvement 1031 Exchange or a Build-To-Suit or Construction 1031 Exchange. 

As the tentant and I corresponded back and forth after I advised w/ an invoice of the issues including having to retouch the paint do to a few  scuff marks I was putting a claim against her deposit ($1100.00) She advised I should use the remaining $220 from the from the P.Deposit to replace the single blind and towel bar as the hardware was already in place. 

@Mark CotterRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.