If it doesn't then I would give the previous owner their portion.

It is seen as a red flag by a portion of the parents.

If you're situ was Seattle, a good portion of them would be vagrants.

You can't sell a portion of a property like you can sell portions of stocks, bonds, mutual funds, etc.

With you being an out of state investor, I assume based off your Denver location, it is vital that your property manager does their due diligence beyond just getting a rental verification.

If the house is done NOPE just customary for our market which is 5 to 10k what we focus on is how much downpayment and lender they are using.. a good portion of our sales are all cash so that removes that uncertainty..

The housing authority also came out after I told them nobody is living there anymore, so they removed her from the section 8 program and they no longer pay a portion of the rent.

So being conservative we would say you gain $46k in equity ($1.15m times 4%) plus cash flow (which I would argue is basically nothing after vacancy, repairs, capex) plus principle portion of debt pay down (you’ll have to look at your statements and figure this out).

Depreciation recapture is triggered when a property is sold, requiring the investor to pay taxes on the portion of gain attributed to previously claimed depreciation deductions.

Thank you for the pointers, having the tenants sign the septic portion is a grey point!