Can you provide a sample payoff letter you prepare or have received from your PML?

This demonstrates the buyer's seriousness and commitment to proceeding with the purchase.Additional Clauses:Subject to Sale of Buyer's Property: If the buyer needs to sell their current home to finance the new purchase, include a clause making the offer contingent upon the sale and closing of their property.Specific Repairs or Improvements: If the buyer has identified specific repairs or improvements they want completed by the seller, include details about these requirements as conditions of the offer.Review by Legal Counsel: Consider having the "Subject To" offer reviewed by a real estate attorney to ensure all contingencies are clearly defined and protect the buyer's interests.Final StepsNegotiation: Once the offer is submitted, be prepared for negotiation with the seller.

This is pretty much how banks do things too - the idea is that not only do you have to afford your rent - but also your electric, your food, your car, your insurance, your gas, internet, etc.  

Even if you do paint/stain it, you need to make sure it is clean before doing anything-preparation is everything.Not sure how well paint would stick to those surfaces or wear. 

It's smart to invest now and be prepared for any market changes.  

You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year, not just when preparing your tax return.

Rick,Yes you need both tax advise and tax preparation which are two different services.  

This is my opinion as a CPA who has prepared hundreds of income tax returns for both individuals and businesses with rental properties.To answer your question directly, you report the rental income you ACTUALLY received.It does not matter what you advertise as your rental listing price.

Two weeks ago, she sent a request to leave and I prepared an agreement so I could acquire a new tenant first.

That's it, just want, no responsibility of preparing to obtain, care for oh heck no fix things, lol, that's been replaced with throw it out and buy MORE......