Originally posted by @Dominic Battaglia:@Marko Agbaba Ive been looking into student rental primarily, still a learning curve and looking for the right deal but I'm hoping to jump in soon before I transition jobs!

Ensure that the original purchase agreement allows for assignment.

Originally from the Bay Area but have lived in New York City for the past 25+ years.

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price 

Originally posted by @David Ono:Hi Justin!

I did not do a separate criminal background check as I trusted the info from Zillow (Big lesson learned never to trust the Zillow data again in life).

Loan Origination Systems (LOS): What works best for mortgage and private lending?

Curious if any General Contractors have recently originated commercial general liability insurance and build units that are sold as Condo/PUD's.

Purchase price: $417,500 Cash invested: $37,575 We weren't super happy with anything we were seeing on the market, so my husband and I had just started writing letters and looking off-market... until we saw this property.It'd been sitting on the market for months, originally listed around $550,000.

If was originated as owner occupied in the past and no longer is owner, if you have change of name on deed or insurance, if impound had a dispute, claims - are a couple reasons why the servicing changes.