The IRS's assignment of income doctrine says earned income is taxable to the individual, even if paid to a third party (like a church).Also, 1099 vs.

If you’re below $275K, focus on high-impact upgrades like improving curb appeal (landscaping, fresh paint), refreshing the kitchen and bathrooms (new hardware, lighting), or adding energy-efficient features (smart thermostats, LED lighting).

It sounds like your question is what is the conventional guideline on using these rents to qualify ?

However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.

It is exactly what it sounds like, buying a property that has an existing debt on it.

I am under contract on a property that looks like it will not close.When I got the 3 fireplaces inspected, it was only a few hundred dollars extra to chimney sweep them at the time of inspection so we paid to get them swept. 

Hi BP Community, As one of my 2025 resolutions, I would like to acquire 100 doors this year.

I’d recommend using Excel or a tool like Trello or Notion to track what you need, compare deals, and stay on budget.

Since this will be our first long distance investment it feels like we're starting brand new and would love advice for first time long distance investors.

Quote from @Jennifer Fernéz: It sounds like you are embarassed to charge the $50 fee.