It comes out that they made adjustments on October 4th, to a few proeprty ledgers  18 months prior (april 2023).Also they  are trying to claim their 10% fee from the security deposits they are holding for me.They’re now claiming I owe them money that wasn’t owed, it’s only showing as owed beciase of the ledger adjustment referred to earlier.This reeks of fraud to me.

IRS Publication 590 is a good resource to examine these items as well. 

@Samuel MartinTo secure a new property deal with limited capital and potential DTI challenges, consider Home Equity Line of Credit(HELOC) or Cash-Out Refinance, partner with someone with capital or credit, explore creative financing options, use a BRRRR Strategy, reduce DTI through income boosts or portfolio loans.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Had them sign leases and got security deposits.

Hi Chris, I searched for properties near Eatonton that are available Nov 1st for less than $1200 on furnishedfinder.com and found 3 SE of Eatonton and 1 NE that meet that criteria.I chose $1200 because FF shares some of their data publicly at furnishedfinder.com/stats.

@Sol BergrenBP had a legend on their podcast episode 399: Jeff Thorman who discussed this common problem.My experience there's a handful of root causes:- Subfloor is not level - in which case this is bound to happen no matter how well you installed- Improper installation - I've found the planks seem tight when they typically have a small bit they could get tighter which is why I always use a scrap piece of the interlocking flooring, then while installing each piece of flooring, I pull into place manually as best I could, then use the scrap flooring to lock into the open side of the piece I'm installing and tap with a hammer as needed until the pieces is truly secure in place.

So, if you secure just 1 or 2 bookings under 7 days, you could potentially meet the criteria, provided you demonstrate material participation and proper active management of the property.

Public REITs have seen a strong return to capital markets in 2024, raising $64.9 billion by Q3.

And I had to come up with a month's rent (nearly $1300) in security deposit, because HUD doesn't subsidize security deposits.