I suppose I'll just wait until I find a good applicant and be grateful I won't have a vacancy this time next year. 

You will want to understand taxes and applicable laws.

And depending how it goes down, maybe I counter there counter just for the fun of the sport, all depends.

Simultaneously, you're managing applicants and tenants, who are often working within tight timelines to secure or renew leases.

Here are the key points:- First-time homebuyer: You qualify if you (and your spouse, if applicable) haven’t owned a home in the past two years.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

Maintenance at at PM company or one of the big hedge owners like AH4R, leasing at apartment complex will teach you a lot about applications, fraud, leases, collections, evictions. 

I encourage you to consult with a qualified attorney to ensure this agreement complies with applicable laws in your area.

For this post, the long story short is that no cats were on the application but lo and behold, there are 4 cats in the house during my first inspection.

Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.