For all anyone who insists on doing everything online knows, they're sending their financial records to a 14 year old in his parent's basement in the Ukraine.I'm not suggesting HIPAA-like data security, with which the medical industry is required to comply, though I would welcome it.

Some people just insist on writing a check.

Only if you insist on insulating the roof deck, which is the inefficient way of insulating a home.

What terms would you insist on as the lender?

My home inspector was awesome and he insisted that I shadow him through the whole home inspection so that he can point out issues as well as let me ask any questions I had.  

After reading information about his company, I insisted origination cost be payed at closing through escrow.

Otherwise, if the deal flops - you will be holding the empty bag.If you decide to ignore my advice (based on 20 years and thousands of clients) and insist that this must be your joint deal - then you will have to take the traditional approach.

I highly recommend you file an IRS extension (google it if you're not familiar with the concept) and then let a professional help you after the tax season.But if you insist on hacking it yourself...use Schedule Creport all incoming rents as gross income, line 1report what you gave the owners as line 2 "returns or allowances"accounts receivable (assuming you use the term correctly) is rents you have not yet received.

As we were walking through the property with the agent she is insisting on renewing her lease with me as the new owner.

I was thinking that if someone else pays down my mortgage, it should always be no brainer but seems like people in this forum always insist on positive cash flow.