The other occupants have derogatory marks on their credit and rental history, so the son was the one who applied for the rental.

What they told me was, even though I think this place should get $1100-$1200 a month per unit, it was rented before at $900 per unit (well, the dad's son lived in one and he rented the other to his friend for $900) so I can only get a loan to cover 80% of that amount(or something like that).Does all that make sense? 

Hello everyone--I bought a house in Virginia in cash jointly with my son 5 years ago. 

My current tenant is saying her son wants to rent one of my units to be closer with their kids.

.: A woman who inherited a home in New York City full of people squatting illegally was arrested and led away in handcuffs after she changed the locks.Adele Andaloro, 47, was placed under arrest at her $1 million home in Flushing, Queens.As the Post further reports, this is the latest such incident - which comes weeks after a couple's plan to move into a $2 million home in Douglaston, Queens with their disabled son was derailed by a squatter who claimed to have an agreement with the previous owner.In another incident, a squatter turned a Rockaways home into a 'house of horrors' with over a dozen emaciated cats and dogs trapped inside.Super unfortunate.

Here are the best reasons I've heard from tenants who were late on rent:-'My son used my debit card on some Christmas presents for himself and I just found out and am canceling the orders.

My son & daughter were helping us "onsite" with plumbing at 10 years old and my son chose electrical.

@Wylie Freeman, To piggyback on Dave's comment, it is possible for your client and his mother to hurdle over the IRS' objections and suspicions here by having the mother do her own 1031 exchange out of her land when she sells to her son. 

They are not strict with tenants, they buy properties in tenant-friendly states/counties, and son on.I would bet you that if one of your RE 'friends' would come on here and show us their business practices, we would see a poorly run business.Anyway, never listen to the naysayers, it sounds like you are set up well and you're on this forum, which gives you a huge advantage.

My son got accepted to the Ohio State University School of Engineering recently