It’s never as simple as it first appears, which is why we always advise our clients to let the math guide the choice.

Good Afternoon Mike, It appears that you did not read and comprehend the automated message so I will help explain it more broken down for you.Your first email was sent on 03/31/2023 which then started the 5 business day window for us to respond.

They reported a window sill being taken off and it would appear someone broke in over the Christmas week.

We have a minimum income requirement to qualify for this unit (4 times monthly rent); based on your email, it appears you meet that qualification.

Also Texas appears to be saturated with inventory and more being built.

However, assuming a higher expense ratio would only underscore the point that the initial asking price for this asset appears to be overly optimistic.

Now it appears they can set up a Fincen Identification record which puts the pressure on the partner vs the partnership but penalties could still accrue.   

Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in  5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.You appear to be in Toronto, so the laws may be a bit different.

Quote from @Nathan Gesner: Unkempt lawns, trashy or broken down vehicles, mattresses and trash on empty lots, boarded up houses, bars on windows, dealers and hookers on the corners, the lack of stores or gas stations, occupied properties are dilapidated, etc.Or when Google maps shows stuff like this: If those are drug zombies, as they appear to be, that's an "F" class neighborhood where nobody pays rent and structure burnouts are common.

I’m in Calgary as well :) thank you @Santhosh, it appears that may be the case.