Yes, depends on if he already has a loan and the rate on that. 

Have you looked into shifting to an STR or MTR (depending on your location)?

If the client is in CA the community property state laws may help here (not entirely sure) depending on when the property was acquired but it would be a great question for an attorney as Jason mentioned.If they were married and went through a divorce it would be worth looking into how the divorce paperwork stated how that property would be handled.

So depending on how much you pay for it, you can assess your cashflow.

Total time spent throughout the year may be significant, depending on the number of properties and amount of activities, but year end is no more difficult than any other time period they're doing. 

In this scenario it is very tricky depending on the end buyers finances if you are looking to sell it to an "end buyer" and not an investor. 2.

Estimated costs range from $500–$1,000 annually, depending on the complexity of their LLC and rental activity.For Partner 2 ($148K joint income, W-2, 1099 income, 1 rental, 2 kids), a CPA is strongly recommended.

(Usually you cannot use prior employer history until you have been at your new job for 6 to 12 months, depending on the underwriter to show that you are maintaining the same level of bonus/overtime/commission income that you had at your prior employer).

The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.

Rates as low as 7.25, depending on credit score and LTV.