We've never actually had a tenant use it after reading the addendum (which was our goal), and I think it helps prevent problems when they understand the myriad issues involved in its use.  

makes sense. so i actually did a 2-1 buydown FHA, i have a 800 credit score and locked in a 5.875% in today's market which is pretty damn good IMO... so the first year ill be at a 3.875% with about a $2350 monthly payment including prop tax/pmi/morg insurance/home owners insurance. lease is locked in for a year at $1400 a month which makes me only have to pocket roughly $1000. the way i see it, its cheaper than rent or mortgages in today's world!...

I actually live in New York State myself.

much of the actual time intensive work can be contracted out.  

You say multifamily isn’t common around you - have you actually looked it talked to a realtor?

Have you actually seen it yourself in person since it was listed? 

Does that mean the actual manager or a local contact.

I won't honor their cr@p with a link.In this generic post, I will try to give you a basic overview of the most common EOY tax strategies, obviously without an actual discussion of each one.

I actually can’t believe that one passed statewide. 

If they are your true friends how come they didn't tell you the actual lender name who does the 5%?