Escrow Account Setup 9. 

Seeing someone with bad credit, messed up financial, no job, putting the debt on his parent's account to pay for this program and hope to achieve a dream that he's most likely not achieve, really breaks my heart! 

Phil Alexander, the main guy, does not hold the local providers accountable.

Don't charge for utilities, keep the rent at a fixed price that already accounts for estimated costs such as utilities.13. 

Check on ownership status before you get into escrow.Get multiple inspections to be able to really determine the extent of repairs.Try to align yourself with the best contractors, had good referrals, but somehow nobody stood behind their warranties.Have a good lawyer and local accounting firm.Talk to locals to see how things are done and what's happening around you.Have patience!

So you could open an account here to make quick deposits?

This credit amounts to $1,666 per month, with the monthly rent set at $3,300.From an accounting perspective, should the $1,666 per month be treated as a liability (deferred credit) and excluded from income, or should it be recognized as income and then applied as a credit at closing?

Hoping to meet a small group 3-6 people that can brainstorm, ask questions, and help hold each other accountable for our goals. 

Also,  make sure your turn over costs account for the smoke damage.

Interest payments hit my account as expected.