Red flags for me include people who are overly optimistic without considering risks or those who don’t seem to have a clear plan for their contributions to the partnership.

I keep scans or pictures of all of all letters I send this way including the letter as readable before it goes into the envelope which includes the tracking number written on the letter, plus the filled out certified mail paper and the envelop after its addressed. 

Does that include any utilities? 

To determine price range, the first step is always figuring our how much you are pre-approved for; and that can vary significantly when you are looking at multi-unit properties because of the additional variable of rental income that can be included in qualifying.

This would include adding another bedroom and making it a full 2 bath.

@Nitesh Chand Does your lease agreement with these tenants include verbiage for if you sell? 

It is a commercial property/business that I am buying.And if you had 4 or 5 SFR that were all hosted by a "brand account" you could certainly sell them as a portfolio to someone, and including the account that runs them and generates all the income would be very valuable.

I've tried to include relative information, without writing a novel. 

Many even include a set monthly amount.

Could someone explain that to me or if there’s anyway to deduct those expenses.Not sure how we can explain it, because you already included an explanation in your question.