You will collect your tax statement from the lender and basically duplicate it to the new owners, both of you cannot take deductions for this3.

Now that statute only applies to Philadelphia and Allegheny County, but I can see tenants arguing for protections using common law principles. 

Refinance only the HELOC for fixed rate at 5.09 interest (for 10 years), new monthly payment will be $958 (principle and interest).

My first spreadsheet is condensed information form my mortgage broker and lists on the Y axis (vertical): mortgage terms, rate, APR, fixed term, years, credit score, loan amount, sales price, percent down, down payment, FHA funding fee, Total Loan Amount, Estimated Monthly Payment, Principle & Interest, Homeowners Insurance (Flood + Home), Property Taxes (1.23% home price in my county), Mortgage Insurance, HOA Dues, origination fee, appraisal fee, tax service, flood certification, credit report, attorney's fee, title insurance-lenders, title insurance-owners, recording fee, verification of employment, survey, home inspection, water/septic if well, pest, 1st year homeowner's insurance premium, homeowner's insurance escrow, property tax escrow, per diem interest, down payment, closing costs, prepaid expensesOn the X axis (horizontal) I have the numbers for 200k, 250k, 300k, 350k, 400k broken down into whether it's single family or multifamily, then FHA or conventional2.)

So I carry around a form, an affidavit that basically says that under binder# or policy number such as such between such and such dates, they will hold us harmless for any claims.

It seems when adding in the property manager-- you would be basically breaking even?

Hi All,This may be super basic but I cant figure out how to follow a forum that inst local to me. 

If parent company guarantee then the whole company would need to go under (all locations) to basically make the guarantee worthless.If it's a full personal guarantee on the lease then the landlord can come after them personally and they would have to file personal BK to try to get the debt to go away.

. :).. plus our basic storage needs and over flow of toys.. 

@Patrick Fraire I'd counter at $330k + 1-year of rent for this friend with the contingency that the friend sign a lease agreement with you, which would basically be a pre-paid 1-year lease.