Even after one year, that property may provide thousands of dollars worth of appreciation, you will pay down your loan and build some equity, and you can depreciate the asset. 

If you provide more specific detail, and ask more specific questions, we will be able to provide answers in line with our knowledge/experience.  

Just wanted to provide the BP community with some context on this thread...Our team provides affordable housing for residents in multiple states, and unfortunately sometimes we run into unruly residents.One such resident is Shawn Sheedy.

.✅ Rental Demand – Single-family homes tend to attract long-term tenants, while multi-family properties can provide multiple income streams but require different management approaches.If you're still getting familiar with the area or have any specific questions, I’d be happy to chat and share more insights.

For example, the entity is registered with the state, providing transparency and avoiding title issues, which makes lenders more comfortable with the arrangement.

Go to your bank and they can provide you with instructions.

They can talk to you about your situation and provide some guidance.

Number wise it does not look bad but this is with such limited information I would not go off of an opinion based on info provided. 

This is one month of actuals, so I am curious to see in the coming months how well it performs compared to what I thought the market rate for rent was (2 years ago).Hope that provides some insight/is interesting because I thought it was!

No return calls, emails, nuthin...What are they charging you and providing?