Hello Jack, in Texas I find a lot of investors using the Subject 2 method, especially with FHA properties where they are at or under water on their mortgage, but most of the mortgage rates are under 4%.

I own a two-story duplex where water constantly drips down the siding, even when it hasn't rained for days or weeks.

I would share the cold hard tenant ledger and let the next LL decide how to interpret it.As far as lying, acting as someone's accomplice in a fraud make you both rather bad people and sort of undermines your stated reason for looking to do this in the first place.

Purchase price: $340,000 Cash invested: $7,000 Water front, 4 bed, 2 bath, detached 1 car garage, pier and dock.

Having you tenant living in extreme heat or cold is a big No No!

I found the county criteria which reads as:"Property must be minimum of 1 acre, meet the underlying zone district, have adequate parking, meet the requirements set for by the Wildfire Hazard Overlay District, have valid water and sanitation, have legal access, use the primary dwelling unit, be free of violations, and have no substantial detriment to the intent of the Zoning Resolution."

What's your overall response rate.I did those sites for about 6 months and would either cold call or direct mail depending on the list.

Mainly because I "assumed" how long could utilities such as water ,trash and electric really get backed up without getting shut off.

Old Portland duplex with single water line.

If he doesn't want to do that, boiling water works well-but make sure it is very targeted.My guess is he's trying to push you to see how far he can go because you're a new landlord and a woman.