What is frustrating is when I list a property offering owner financing and "investors" come in wanting to put nothing down and ask the seller to pay for everything out of pocket. 

I'm interested in two of the properties on the Montgomery County PA Upset Sale list as they are in my surrounding neighborhood and am actually a casual acquaintance of the Owner (which may not be a good situation, particularly if I were the successful bidder).  

Quote from @Derrick E.: Also important to remember the money is not guaranteed on time. 

E.

While you may be at b/e for cash flow, at the end of 5 years you have 40% equity in the property if 0 appreciation.  

Originally posted by @Lynnette E.

As far as the reporting goes, the rental income and losses will most likely be reported on your Schedule E - speak with a tax professional who has expertise in real estate.

You would be wise to spend time learning them so you understand what your responsibilities are and how to protect yourself. https://justicecourts.maricopa.gov/media/vd1pcl32/info-llt-e...Start the eviction process immediately for failure to pay September rent.

And what I find out is there is no context to them folks dont take the time to explain what they want.. also on the form i get from BP it cuts off the e mail address if its a long one so I cant even e mail them back..

My Rental Schedule E would show rental income, expenses such as tax, insurance, repairs, etc and property management.