Meaning, has there been a series of late payments, financial woes and report blemishes in the recent past.

It did not go as planned and need advice on how to report expenses with no current rental income on my tax return.

I’ve seen reports of higher cash flow per month increasing the cash on cash return.

Published on opportunitydb.com https://opportunitydb.com/loca...I like the Hwy 59/I-69 Corridor that runs South of Houston

Scott - thanks ..several  answers and comments  ....1) have him check with a  local title  / escrow firm to see if there are any  fees/ costs  associated with  removing the parents from the loan and title  ( some states have   taxes  to pay when adding or  removing a non married person  to title )   2) using rental income on the  home is  possible to use for  qualifying only if there is history of this income being reported on his past  2 yrs of  returns  .....has this  been  reported   3)  what are  his  debt / income ratios   just using  his  verifiable  income  ? 

I've never heard of anyone requiring this, so it seems strange to me.You hate to think the worst of someone, but since they just bought the place, I can imagine they have a home inspection report full of little things that need fixing, and I worry that they're trying to pass the cost on to me.

This is in North Carolina.I have a great tenant that moved in 6/1/2019 and signed a 1 year lease that would expire/renew on 6/1/2020.I just recieved a letter from her asking if she could break her lease because she has a reported "Domestic Abuse" situation ongoing and doesn't feel safe living there.Her father co-signed on the lease with her, they have not missed a payment yet and are very good tenants.

Hi @Chauncy Gray,It looks like you left a 0 off your ARV, it is showing on the report as $13,990, I am assuming it was to be $139,900 (the same as the purchase price since no repairs were provided for in the calc).Hope that helps!

The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.

Jeff My 3 most important items are:1) Report damage w pics2) Replenish / refill supplies for guests3) Let my offshore VAs know if any supplies are lowCompetent cleaners can handle the rest!