Pat L-    I really disagree it’s crazy when a 67 year old woman drives a school bus to make ends meet . 

Another way I've seen it done is to use "sub-accounts" under a property address so you can correctly reconcile expenses and income to the property "sub-account" which will then allow you to see a full break down per property in the P&L. 

Originally posted by @Cody L.

Is hiding the P&L statement a redflag or you also wouldn't worry about that? 

@Chris Ha, In multifamily the number of units is important, the loan amount size, occupancy rate, if the seller can provide P&L's or tax returns, your experience, population, state, city, value per door etc. will determine which multifamily program you will be able to apply for. 

I did this because as I drive to work I see the signs everywhere l, so I figured they work.

I suggest you structure the L/O so that the T/B will have 5%-10% saved up toward exercising the option.2.

The rent increase was a brief l one paragraph letter stating they've been great tenants, so we don't intend to raise it to market rate, but we need to raise the rent to keep up with rising costs of owning property in the area.

@Cody L.

@Jason L.