There are many ways to remove a tenant, but it requires knowing what motivates them.

These types of properties require experienced management to navigate the challenges effectively.

Instead of having multiple SFH or duplexes that would potentially require a more hands on approach?

The IRS requires this form if you, as the seller, receive $600 or more in interest during the year.Key Takeaways: You can deduct the interest you pay to your lender, but you must report the interest you receive from the buyer as income.

However, about eight days later, the seller informed me that they had "changed their mind" and no longer wanted to sell.In the weeks that followed, the seller failed to provide the required documents, including HOA disclosures, the seller’s disclosure, and other essential paperwork, all of which were due within specific timelines per the contract.

For 2024, the annual gift tax exclusion is $18,000 per recipient (rising to $19,000 in 2025), and amounts above this require filing a gift tax return (Form 709).

Most DSCR lenders will require a credit score of 620 or better.

However, required downpayments were typically 40-50%, and would be difficult without a residency visa.

I'm interested in learning more about owner financed deals, utilizing HELOC's, and the ongoing demands and requirements of being a good landlord/property owner. 

All but one of the family members are on board, and we collectively own the majority, but it's 55% and the bank requires 60%.