The guy has already stated that he doesn't live there so that alone proves that he knows that was never the intended use (is their a police report or statement for your file?).

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

Bank Statements and Asset Depletion can be used with helocs!

Keep in mind that when wanting to do this with a mortgage banks first want to see substance and at least one yearly balance statement.

If youre wanting to make a cash offer, all I can say is that Ive never seen a competent seller/listing agent accept a cash offer without proof of funds, meaning a bank statement or similar document(s) showing liquid cash for closing.

I know for our portal in Buildium owners can log in and run different reports like income statements, profit and loss, general ledger, etc.

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

CORRECTION from above statement(s): Many Lenders will NOT require you to be a Personal Guarantor of a loan your partner gets.

We have 720 phone calls and six months of vacancy trying to find one tenant that would submit, bank statement, car insurance card and paystub that is not fake.None of the above has worked for us except to try to forget the judgement.

The previous company sent us the needed paperwork/statements and we have filed taxes appropriately.