Can they bypass this requirement if paying in cash?

How do you pay for the tax and insurance?

But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).  

Unfortunately, over the 11 months he has lived there, he has only managed to pay the rent on time once.

Upon "googling" I see where some folks include Debit Cards as not having to send 1099's, but I want to be certain.A lot of contractors lump their labor and materials together.

I love hearing stories like this about folks redeveloping depressed neighborhoods in big cities.

This is why I don't lament the fees I pay for this service.  

see if there is a More realty there.. my wife works with them and pays an annual fee

THere is a loan I have seen folks using in the past... not sure if it is still available but it is the MACU90 loan with mountain american credit union and it is a 10% down investment loan.

It is NOT a 'pay your money, here's your course and see you later' situation.This is a group of likeminded individuals that are all working towards the same goal and are happy to help each other grow and make it too.