You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.

If the purchase is done in cash, as you mentioned, they’d have more flexibility, but they’ll still want to carefully consider the tax and legal implications of the subsequent sales.I hope this helps, and good luck with your client’s deal!

Dependable routine maintenance is a part of this property with a full time team on site at the villa. 

If the above is true, the income will offset the debt in the DTI calculation, so who cares? 

Also think about what can be damaged (tenants generally don't take care of the place as well as you would). 

@Steven CatudalI'm in Birmingham and invest in Birmingham, be careful when choosing properties, the house values can change by street sometimes. 1.

I don’t believe people or even care about their opinions unless they are acting on them.  

We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!

I don't care if they're free, I don't need that!"

Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.