There should always be timeline contingencies factored into each projects specifics.

We're often helping each other problem solve our listings or helping with specific situations that are occurring at our properties.

However, terms are negotiated specific to each project. 

Proportional leverage (like 27% LTV) isn’t specifically required, but if you don’t reinvest the full amount or fail to replace debt, the difference will be taxed as boot.

Specifically that are not in non disclosure states.

I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!

When faced with scenarios like this, it's tough to answer such a specific question with limited information. 

Specifics can vary depending on the GSE:» For a Freddie Mac loan file: A copy of the borrower’s most recent, signed US individual federal income tax return is required.»

@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

- Usually a 5 unit with a boiler means that all the units share the boiler heating system.Which specific utilities in which units are paid by tenants vs shared?