The front end can sometimes be tedious to get approved by the local housing authority, but rent payments are always timely.

Having a lease from someone that has no authority to lease the unit does make them a tenant.  

This service is provided by several authorized 3rd party companies.2024 update: If you file more than 10 1099s, you MUST eFile them now.Here are some of the online 1099 filing companies, and you can easily find others:tax1099.comWageFiling.com1099online.comThese companies charge under $5 per form.

Damn brother, when ya'll sell BP to Facebook I think you've got a future as a travel author.

I'm still looking for my first property and I have a lead, sort of.

Trustin your PM partner is important and they will follow your lead, so don't expect them to provide you with your business plan. 

I don't think the typical sub-to deal would lead to equity skimming because they are likely close to foreclosure and there isn't enough time to rent the unit back out and make money allowing the unit to go to foreclosure.

Looking to bolster my off market lead flow.

When the lead came in, it was from a brother who inherited a house from his mom.

Additionally, your brother would inherit your cost basis for the gifted portion, potentially leading to higher capital gains taxes if he sells later.