You have to file an eviction at the court.

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screenshot Househack NW Indiana numbers and Link to the file are attached below.

You will also want to find out if payments are interest only or if some principal is built in.

@Lavon Newborn,You can setup an LLC yourself simply by going to your State Corporation Commission (at least that's what it's called in Virginia) and filing all of the required forms. 

. - 25 year term, at 10 year term the loan converts to a fully amortized payment with paying principal and interest to pay off the loan within a 15 year period.

NOI = Income - Expenses (NOT including debt)CFBT = Income - Expenses - DebtCapRate = NOI/PricePaidROI = CFBT/DownPmt = Cash-CashYOU can go forward-looking and calculate out IRR which'll include principal reduction.

If there is a partnership set up, you are required to file a partnership return March 15 with the option to file by September 15 is an extension is filed.There are a couple of CPA's on this message board.

Or how would I be able to know if an extension had been filed?

Also keep in mind, most e&o insurance policies will not cover you when you are a principal in the transaction.

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.