If the tenants are staying usually the only initial repairs/renovations we do while they’re still in the unit is to upgrade the smokes/CO detectors to hard wired and anything else that turned up as a life-safety issue in the inspection.

(And if you're hoping to have a place that you also want to visit, you could do worse than the awesome city of Denver and the great state of Colorado.)

Yes, Ins co's are getting picky! 

I'm from Des Moines living in Denver, Co but I'm going to be in Des Moines a few times over the next few months (Holidays) and I'd love to attend one of your meetings.  

I will possibly be able to have a family member co-sign for me but trying my best to avoid having to do that. 

After that fiasco, I called one of my old banking co-workers at a local Tampa community bank.

He didn’t have to be on title because he was co-borrower, he had to be on title because it was his exchange.

This includes declaring rental income received and deducting applicable expenses such as maintenance, property taxes, and mortgage interest related to the rented portion.Once Cousin B acquires 50% ownership, they will begin reporting 50% of the rental income and associated expenses for the portion they now co-own.

My brother and I would like to be co-owners to the new property but our contribution to the purchase of the new home is by way of investment loan, so let's say my parent's home sells for 500k and they want to go in on a $1M piece of property.

Purchase price: $650,000 Cash invested: $65,000 STR in Black Hawk CO