Fees should be clearly stated in writing, easy to understand, and justifiable.

Do we just have escrow write us a check for the 25% of the proceeds after the sale, since that was our primary home portion? 

Be sure to document any changes in writing and have both tenants sign the new agreement.

Of course like any large project there was ups and downs but I don’t want to write a book.

So far I've had about $27k in depreciation write off over 10 years. 

Once everything checks out i would also suggest checking with builders risk and homeowner insurance that they will be able to write a policy during construction and after.

Find some that look interesting, write them down, find the contact information using a tool online.

Hi Jayson, In some cases it can be a great decision.Take a look at the cost of capital the HELOC or refinance is going to give you compared to what you are looking at now.Also look at the income generated/write offs/appreciation that a rental property is going to give you.If it is going to yield you positive results, I say go for it!

The AZ law about wholesaling requires real estate wholesale sellers and buyers to disclose in writing the fact that they are acting as a wholesale buyer or seller in any residential real property transaction.

.**** Ideally, you'd get something in writing from the tenant indicating they are surrendering possession and stating anything left the in the property is deemed to have no value.