Even if the tenants agree, anyone of them can file an action against you.

Not only for the reasons you mention (easily manipulated, depending on format), but also have next to nothing to do with what your operations will look like.While I do agree that you should try to verify income, both through lease review, P&L, and if they will share: bank statements and tax filings, at the end of the day, I don't put a ton of value in seller financials, for many reasons.  

@Daria B.The maximum allowable non-judicial foreclosure fee for Fannie Mae in Alabama is $1,900, as of January 1, 2023.Again does not include filing costs etc but assume $3,000We have foreclosed multiple times in Alabama - it’s an easy state to foreclose in.

It typically takes 4 to 6 months to produce on a part-time basis and my intention is that it will be of value to those in the industry, including me and a prospective mentor.

I filed a protest on my own and got it reduced a bit....

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

Yes, you can file jointly if you or your spouse qualify as a Real Estate Professional (RE Pro) and share the benefits.To qualify as an RE Pro you must:1.

And we found a great pre-finished lumber supplier for the siding and the tongue and groove that is saving us 10 to 15k a cabin depending on the size (and producing far better quality results in the finishes).It doesn't sound like much when you're looking at 300k to 500k builds.  

This would allow you to exclude up to $500,000 in capital gains as a married couple filing jointly, or $250,000 if filing individually.Since your brother-in-law owns 10%, that portion of the sale might not qualify for the exclusion, and you'd need to discuss the tax impact with him.This post does not create a CPA-Client relationship.

The other county I have someone that goes down and get the files for me.