I mainly pointed to the video because it explains the deduction well and the participation requirements to count towards non-passive income.

Quote from @Patricia Soto: I would start by talking to your property manager to see if they can explain what they're doing to get it rented and what their reasons are for the long vacancy.

To briefly explain each:Operating Agreement: This identifies the company, states its ownership (equity ownership %'s and initial investments), defines member duties and lays out other structural features of the business.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

This way they are more mindful about usage and the bill doesn't fall to you..I would reach out to the tenant and explain the spiked usage and see if you can schedule someone from your water company to come assess where that monster number may be coming from. 

I appreciate you taking the time to explain. 

I know my numbers, I know what is a good deal or not.The WHOLESALER determines the offer, NOT the buyer.I see some of you don't understand the job of a wholesaler.A wholesaler is not some sleazeball that does minimal work and then collects an (undeserved) fee.The wholesaer (a good one):1) Finds the seller2) Does his/her due diligance3) Takes note of all the things wrong with the house4) Forms a solid Cost Of Repairs, ARV, and As-Is value of the house5) Negotiates with the seller to put it under contract for a price that works by the NUMBERS, not the end buyer.6) Presents the contract and explains the contracts7) Makes sure the seller knows it all, what they can expect, how it works, what the risks are, what the time line is, etc.8) Finds a cash buyer for the contract9) Presents the cash buyer with the property report where all the pertinent information is lists for the buyer10) Makes absolutely clear that it is the buyer's responsibility to verify the numbers.11) Works as the communication middleperson between buyer and seller12) Makes sure the buyer follows throuhj with their responsibilities as well as the seller's responsibilities13) Keeps constant communication with the seller till closing.So I think I see where you guys are coming from when saying "it is the buyer that makes the offer".. as in the buyer will ultimately need to be fine with the offer... and yes, the end buyer needs to make a profit sure...

Could you explain how a seller finance would work in this situation?

Explain it will be hands off for them as you'll handle all guest interactions and minor maintenance issues. 

.#3Anyway, here’s a list of free (or very low-cost) resources that will teach you how to underwrite:Justin Kivel on Udemy➕ good logical flow⠀➕ Udemy course that walks you through⠀➕ can buy it on sale for ~$15⠀➖ a bit overwhelming with the details⠀⠀Michael Blank course➕ in-depth⠀➕ has a video tutorial + examples ⠀➖ ~$130⠀Symon He ⠀➕ video course explaining the spreadsheets⠀➕ includes all the core needs of MF⠀➖ choppy flow. ordering of course sometimes confusing⠀One-off Youtube videos:https://www.youtube.com/watch?