Credit card statements do NOT count.

Needless to say they can't count on their security deposit (they've been asking for it!

Long responses are cut and paste or AI so I wouldn't count it toward your journey.If you ever think "this is too good to be true", it always is.

Education and research hours don't count on their own! 

If you're counting mortgage principal as expense that is actually part of your profit.

I know the city might give me a warning if my neighbor complains about construction debris lying in my backyard as part of it is still visible from the street.As a government contractor being affected by the shutdown for almost the entire month of January, I am not taking in any income at the time when I need to spend a lot of money on my kitchen, I am counting every penny I have in my pocket right now.

IF he sold with seller using traditional bank money, he would likely owe a 25% tax on that gain having to count the whole 100K that year in his income.

If the 5% counts conservative cap/ex/vacancy/etc. then its OK.

Honestly, the NACA program is such an amazing hack for savvy buyers in diverse mega-markets like LA.Also, NACA's really good about counting rental income toward your own income when you purchase.

I still feel like investing in vacation rentals can be an outstanding investment, but you've got to score a good deal when you buy, and you cannot be counting on a fresh buy for much, if any, positive cash flow unless you scored a crazy good buy.