Wow @Ross Denman, that was exhausting guide.

As a rule I generally assume expenses to be 50% of the gross income for my first look evaluation no matter what expenses the seller reports (unless its more than 50%, then I will use their number.)From there you can get into more detail on what type of capital expenditure budget the property might need depending on what physical condition and what strategy might be best.As far as due diligence once the property is under contract, or maybe before in some situations you will need a much more exhaustive list.

If you exhaust all options and no one will finance you, I'd say save up all the money you can and hit it hard when you graduate.Best of luck to you :)

Such as having a ballon every year for 100K until it is exhausted.4) If, when I am entitled to receive the funds, if I instead want to 1031 the balloon into another property, can I do that?

However, and after exhaustive phone calls to the county SO, Clerk of Courts & auditors' offices, no one knows or will give that answer because it is "legal" advice.

A notice clause that can be submitted by either party.If you force them into a 12 month lease, they will still leave whenever they want and like mentioned above, you will just chase them in the courts for your money which can be exhausting unless you work with a good collections attorney.If they are not paying on time and are not clean, get them out sooner that later!

It's a grind and it's exhausting, but I think I'd go crazy without it.

It helps but make sure you exhaust ALL of your organic options first for the best results in authentic potential clients.1.

That is one of the most difficult parts of being a landlord.At my personal residence, I had a situation where my exhaust vent for bathroom fan leaked during some rain storms.

I think I have exhausted all my options and its starting to mentally exhaust me - I am hoping someone here can give me insight or provide any other options I might have.