Then I adjust to a more accurate reserves requirement.  

@Delmas Edwards You can get a plumber to run a snake up the drain that has rotating cutting blades that will cut out the roots.

Once you have the inspection and everything is clear you can adjust accordingly.

Being willing to adjust your expectations of what is a "normal" living situation can propel you much further than you might expect.

Does anyone know what can be done to get him out if I purchase or what I can do to make the adjustment in the rent even thought he supposedly has a valid lease with 3 more years. 

Again, I get my numbers from T12s and the risk adjust them up.

Need help with adjusted cost basis of this home when converted to rental in 2017 for filing 2017 taxes.With original purchase and subsequent refinances(4 total) there are typical closing costs, such as points, title, recording and other lender fees.I've being doing taxes myself for my personal and other rental properties I own.Here are my questions:1) in addition to title, recording, what other escrow, title or loan related expenses from the original purchase in 2004 can be added to the cost basis adjustment?

The HELOC is fixed for the first 5 years and then it will adjust with prime, the draw period is 15 years, and the amortization schedule will be 30 years.Since I think the market is hot/inflated right now, and inventory is low, my goal was to get a high appraisal, lock in a HELOC, and use it to buy properties at a discount down the road (assuming that prices will reset within the next 5 years).

Whether you buy the property cheaper, ARV it for more or reduce costs, is up to you.The 70% ARV is not going to change, so you’ll need to adjust accordingly on your end. 

You may also find an agent that has too many leads and would be willing to throw some your way.There is no wrong way to lead generate as long as you stay strong, adjust, and be creative.