Set up a Joint account with the seller so you can make deposits to continue the automatic payments to the lender until you refinance the property.Thanks,Dustin

@Tim Hem I think Account Closedare right.  

If a problem arises with the property, the City will attempt to contact the owner and hold them accountable.

From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!

I don’t have any direct experience with retirement accounts as I never opted to use them so I could keep cash available for investing now.

Typically seasoning means that the funds have been in a bank account for a set amount of time (usually 60 days), so ANY lender should love that....I thought maybe you meant un-seasoned funds?

Then you need to account for soft expenses like Vacancy/turnover, maintenance, and capital expenses.

I have a great accountant but I haven't asked her yet about this, and thought I'd run it by this forum.

Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.  

And 1/2 of that is accounting that I could farm out too, but I enjoy it.