Did you inherit this home with a step up in tax basis or will you need to pay taxes on any gains if you sell?

This wasn’t a required expense.Property Taxes - $926.88We put in the offer to pay the full years property taxes vs. split them at the time of the sale.

You might be surprised, but your rental properties have more in common with dividend-paying stocks than you think!

If we can't find a solution, I think she will be OK with me adding her property under my own account, and then me paying her out monthly.

Take those profits and pay off the rentals.

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

. - Minimum work history: 1 year (please provide references and pay stubs for the past 3 months; if self-employed we can discuss alternatives to paystubs)

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Going to guess the $797 is rent only, with tenant paying utilities.

What is she doing now in terms of paying for housing?