You can count up to 75% of the rental income from each unit BUT you have to pass the FHA self sufficiency test.The FHA (Federal Housing Administration) Self-Sufficiency Test is a guideline used for evaluating the eligibility of borrowers looking to purchase multi-unit properties (specifically, 3- or 4-unit properties) with an FHA loan.

So, again, called in a favor from a friend to grab a couple cabinet doors from the store 2 hours away, while he was up on business trip anyways, so we could get them on site before installer was "done" and onto another job.Ultimately, as Alan notes, you just have to accept this, and figure it out on the fly.  

It is designed for even PM's to go in and ask questions of other PM's about how to deal with a problem tenant or a specific situation.That being said if the question is posed in an "Investing" forum (or even general investing) then it is a perfectly acceptable answer because as stated if you are investing you are not "Land lording" and spending your time incorrectly as an investor.Just my 2 cents on the initial question posed.

There aren't a lot of syndications out there that would accept your level of investment in a 1031 exchange. 

I had to submit receipts for every dime (they won’t accept invoices created by me for time time) and it’s been two week and still haven’t heard back or received an update.

Going to see if my cleaner will accept that.

@Bob Gruenig If the whole premise for LLC is to meet the minimum funding requirement as an LP, then 1) you don't need an attorney, 2) reach out to a sponsor of the syndication you're dealing with and ask if they will accept a lesser sum.

I just email that list and notify them they I'm unable to accept their application because they didn't meet one or more of the following qualifications.

Just wondering what are some of you total no go's after you receive the inspection report back on a turn key property you have an accepted offer for?

Stop trying to talk yourself into accepting a tenant.... if you have to do that, its the wrong tenant.