The process can take client's anywhere from one month to two years of active and consistent searching, analysis and dealmaking to acquire the right home.

now it's rented out, and you're breaking even each month in rent. 

You enter it as a monthly expense. 

. $1300/month, tenant pays all utilities. 4 bedroom one is vacant.

I do have monthly mortgages to be paid and not having rental income to offset my negative cash flow has been a learning experience and really trying to think of what options I have to have better success at this.

You will be doing more work on them on a daily and monthly standpoint, but overall..

Months later, Tenant is now claiming close to 10K.

Lenders will want to see those funds deposited in a bank or other lending institution on one or two monthly statements.

The second company had a PM contract and due to other reasons we did not continue their services after a couple of months so tax stuff did not arise.

Unfortunately, the HOA prohibits leasing for less than six months.2.