it is a public information, once paper work is done, takes 40-45 days and anybody can find out how much you actually paid.

But I look weak on paper.

I did that once and it didnt work out to well.

But most get sucked in by cash flow on paper.. when in fact its TRASHFLOW

If the STR is placed into service at the end of the year, they can use the paper-loss from the STR to 'potentially' offset other forms of income such as wages, interest, dividends, etc.Best of luck

On paper, the numbers work, it currently has renters in place, although month to month and one unit is actively trying to move somewhere else because they need more space. 

If the answer is yes to both questions, I can almost guarantee the 20-25% equity your appraisals suggest you created will never be realized and is merely paper equity.

Quote from @Matthew Paul: Quote from @Peter Walther: Quote from @Matthew Paul: If the man wanted to he could sell the house and keep the profit  Are you willing to insure the OP if she buys the houseWithout seeing the divorce decree , no , BUT if there is nothing in the divorce papers and he is solely on the deed , and the ex wife on the loan by herself , He is the sole owner of the house .

They would say come in and sign the loan papers on Monday.  

On paper looks great, in reality too much hassle, not as great quality tenants, and what you're seeing: too much competition.