These are the amounts COLLECTED & UNCOLLECTEDThe percentages of rent are as follows:Jerry-32% - 10 days for AugustNik-68% - 21 days for AugustTo Nik (CURRENT OWNER)-$505-1767 #8$520- 1566 #5$250- 1588 #8$1275 x .68 = $867 + ($176 pre paid rent from 1767 #12) = Total of $1,043 due to NikTo JOHN DOE THE PREVIOUS OWNER:$200- R Smith$200- W Jack$490- J Hab$90- Kyley D$305- Lyn H$415- Harm W$250- Ra P$500- Vicky $100- Rin Mo$2550 x .32 = $816 + ($120 for Vic Wi /July Rent) = $936Uncollected Rents for August-$65- Ro Smit$285- Wi Jac$10- Ai Pi$5- Vic Wi$300- Est Mo$665 x .32 = $213 due to John DoeDue to John Doe (previous owner) - $936 + $213 = $1,149Due to Nik (current owner) - $1,043Difference due to John Doe= $106-------------------------------------------------------HERE IS MY ANALYSIS ON THE PRO-RATIONS: *(my response I had sent over to the previous owner)Settlement : Nik is owed $227.00 --------------------- Nik's owed total = $1043.00 $505 + John Doe Collected $520 + John Doe Collected $250 + John Doe Collected --------- = $867 (68%) + $88 + $88 = PrePaid Rent Payment ($176) = $1043.00 John Doe is owed $2550 (see above for figures) x .32 = $816 Vic Wi $120 - is ours on the assumption we could have applied that to Septembers rent.

Best of Luck with your project,Alex Furini, RA

I used http://www.llc-for-free.com/ for filing and as my RA.

I'll send Chris R a message, it would be good to touch base with someone with experience in this region for sure.

That could mean taking a college job that pays for housing (RA, etc.), living with your parents, or (if you have the savings for it) house hacking (i.e. buying a house and taking on enough roommates to pay for the mortgage, property taxes, etc.).Next, I would figure out how you can make some money while still in school. 

Best of LuckAlex Furini, RA

Feel free to message me.Best of luck,Alex Furini, RA

As a RA with AZ if the numbers work do you still think its a good idea? 

Here's a recent article that hits on some of these: https://www.cnbc.com/2017/03/23/rising-interest-ra...And note that this only affects the cap rate calculation for a property you're currently buying or evaluating for purchase. 

I raed something of a very supportive billionaire resort developer Sheldon Adelson.