Two days go by and I wake up to a text message from my tenant of a video of the basement flooding with an active leak at 6:50AM.

I haven't been active on BP lately but far from a scammer. 

Active monitoring, various security protocols in place, active IT staffing etc.. 

For example, vets can buy a 4 plex and rent out the other 3 units.Additionally, the VA understands that active duty vets move a lot and the program is geared towards this.

BP Killers,

Who here uses Quickbooks to track income/expenses specifically for resi flip projects? Which plan do you have? Would you recommend it? Any other thoughts?

Denver is a fantastic place to live, we have 300+ days of sunshine, amazing beer, unlimited outdoor activities and just a super chill and fun place. 

The owner of that property in question cannot restore his full VA entitlement until such time as the VA loan is paid off in full.Further, even if you gave him the 3.5% down on FHA, his DTI will still be hit with the payment on that VA loan, almost certainly killing his next home purchase before it even gets going.And if he gives up on homeownership, all the future potential landlords are going to see that mortgage on his credit, and likely consider him unqualified for the rental unit.Unless someone is going to write a check to pay that VA loan off in full, this is a predatory activity and the victim is the owner of the home in question, given his goals and the proposal on the table.Do the right thing.

If there isn't much activity they can probably deduce a balance sheet to accompany your P&L.But, again, we don't provide tax services so a tax pro will be able to help you with that.

The full agenda is available within the registration platform, but you can find the agenda at a glance here: https://biggerpockets.getregistered.net/conference-2024/agen...We are also adding a cornhole and beach volleyball tournaments on Sunday starting at 2 PM to provide additional activities for fun and networking for attendees! 

There are diverse activities year round from lake beaches, hiking, sightseeing, leaf changing tours, skiing, indoor waterpark resorts, outdoor parks, farms, zoos and historic areas.