Anyway, that sort of stuff aside, the details of my expenses are as follows:Repairs & Maintenance - $1787.27Tenant Sourcing Fee - $0 (however, there are $5085 worth of debits / credits in this group, as described above)Insurance - $1660Mortgage Payments - $14,456.70Landscaping Services - $1440Utilities - Electric - $928.04Utilities - Gas - $1133.64Property Management Fees - $2885.52Utilities - Water - 568.28Unless I fat fingered something, those should add up to the $24,859 expense total, resulting in $13,009.55 in net income.

I think you're the expert.I avoid skinny deals and look for fat back ends.

Treating those profits as capital gains is inexcusable and your CPA may have set you up with a fat penalty if you are ever audited. 

. * Reducing the price AND seller credit, keeping things net the same for the seller, and meaning you will get that money back when you sell.Conversely, if there isn't enough money, you can of course jack up your interest rate for a big fat lender credit. 

I've never gotten a year up front, but I did have a tenant who's mommy paid the rent six months in advance every time.I currently have a tenant I rented to with no job, but an 800 credit score and a fat bank account.

Even if there was, fat chance with more than one tennant.

It was because I used percentages to calculate costs and my deal was too fat. 

You can agree with me or not, but anyone who doesn't see the people as people will just have a big fat headache trying to play monoploy in the ghetto.

Maybe look at your monthly expenses and trim some fat.

It's as much a caricature as a fat, floridly mustachioed police officer pounding down a doughnut in a Crown Victoria.Does the tenant have your telephone number?