I absolutely loved the process but also realized how exhausting and time consuming it would be to do everything by myself while holding onto a full time job.

Hi. I have a professional office building in Monticello NY and I'm having difficulty renting offices. There's a real estate office that occupies part of the space and lawyers- so it's definitely attractive. It's i...

FYI, she is on month to month....I am rent control, so I am totally screwed if i dont have an extremely extensive/exhaustive list of major violations, I would probably never be able to get a just cause eviction, as long as no law breaking and rent is paid, more trouble than it's worth normally.Best of luck and thanks again!

At this point I am exhausted.

I rather exhaust all options before walking away from this deal which is pretty much going south quickly.

When your tenant calls, inform them that you exhausted your resources to solve the problem (asking nicely) and that parking issues are a police matter and refer them to the non emergency phone number for the local police department or sheriff's office.If you insist on being involved: many times departments have a management level supervisor assigned to different areas of a jurisdiction to better respond to community needs.

Those numbers do not leave you a proper margin ESPECIALLY if you would be exhausting all your savings when purchasing the house.

Our accountants are giving us conflicting information If I were in your situation, I would just have a discussion with him saying that you need to have the deal in writing so that you can withstand a tax audit and that you would like for both of you to meet with a real estate attorney to discuss this, get an agreement in writing, get a new deed, and get the agreement and deed recorded. 

Basically, make sure it is a sound investment that can withstand a 20%+ market decline.Good luck

It sounds like you are under a lot of stress and do not have the reserve cash to withstand any vacancies on your rental property.