Aloha,The simplest, yet generally overlooked, is "Managed By" signage on the properties you are managing.

I know there are a bunch of videos and articles out there but maybe someone can explain it in the simplest terms and give me a real-life example from their personal experience.I kind of understand the general concept of the 2 different deals but not completely knowledgeable yet to feel comfortable to the point where I can present this offer to a potential prospect. 

You're doing the math for "phony cash flow" and while a lot of people, sellers especially, use that number, it boloney.A subject to deal would be the simplest, if the value is there.

Patrick Jacques HomePath is the absolute simplest, most streamlined Conventional loan product because there is no lender-required appraisal and no PMI.

@Jordan Decuir Hey Jordan, the simplest rule of thumb is to look for properties within solid school zones / districts.

@Joe Villeneuve That is one of the best, simplest explanation on HML that I have read.

In simplest and rawest form, you could have just a deeded interest split among the three parties (e.g. joint tenancy).

You could just allow the buyer to pay these items and provide proof of payment as required which is the simplest way, but;Under a standard deed of trust, the failure to pay may not be a sufficient breach or default to foreclose and the lender may need to advance funds required to pay such items and add the amount to the principal under the note, with interest.In the event of default, there would be no funds on deposit to attach as an "off set" to pay taxes due to date or reduce the loan amount.

The simplest thing is just to use the income from your rentals to fund your contribution to your IRA.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.