Compassion will be your downfall.In all honesty the majority of new landlords will take the risk and usually end up losing 3-6 months rent.Your move.

Ten points for honesty but this didn't mean she paid what she owed not stopped her from stealing all my curtains and the shelving from the bathroom.Gail

Any time you make a mistake honesty is the best way to go.

I do profit from the cars but I need something that will bring more profit and to be honest I would love the challenge.

To be honest, I see no other reason why we'd ask borrowers for their YTD P&L.- You can take a bar napkin out and write that your income has tripled since the year started (in P&L format)... and we'd ignore all the bar napkin numbers, and approve the loan just based on tax returns.

I have I very streamline system myself and to be honest I should have clarified my perspective a bit more.

To be honest, I have wanted to start for a few years, but have not been able to.

My 3 family has separate utilities and in MA heat/cooling is a major cost concern.The numbers still work but I am relying on the honesty of the sellers reporting of actual costs.Any thoughts/recommendations?

In all honesty I have no idea what it would appraise for at this point, and that is def a crucial component that I need to determine.

To be honest, I am not sure the seller would go for a price %70 of asking, but I thought I would give it a shot.