Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

If they pay late now as is, let's say they lose a job or have a temporary loss of income, you're kind of SOL.I would look to build reserves between now and August.

Now some food for thought.

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So many options that we are at a loss.

@David Woodside The 500-hour rule allows you to treat rental losses as active, enabling you to offset other income and reduce your tax bill significantly.

You can expect turnover costs, losses due to vacancies, and other expenses.

I would consider adding loss of rents coverage.

As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.

Would you be taking any pay loss from the job switch?