The prospect signs an authorization allowing us to contact the employer to confirm their rate of pay and the duration of their employment.

Also extend balloon or amort periods 5 to 7 years.  

The gurus never tell you that searching through the smoke and the mirrors in the game, extending yourself very uncomfortably into the unknown, being willing to invest and possibly waste your time searching for answers, actually building meaningful relationships, all of that's is a very big part, if not the biggest part, of winning in real estate.When Hannibal was told it was impossible to get his elephants over the Alps to invade Roman territory from the north, he responded with the following:"Aut inveniam viam aut faciam" I WILL FIND A WAY OR MAKE ONE.That's the attitude we need here.

It's setting self up for failure, because everything ahs to go right for a duration of time INCLUDING equity growth to infill that hole one dug day 1 via over paying. 

They are often classified as operating expenses or maintenance expenses rather than capital improvements (assets).Washer/Dryer/Stove/Refrigerator: These are assets as they are considered durable goods that will benefit the property over an extended period.New Baseboards/Trim, Doors: These are generally considered assets because they enhance the property's value and are not typically replaced frequently.Furnace/AC: These are significant components of the property and are categorized as assets due to their long-term benefit.Paint, Light Fixtures: These can be a bit nuanced.

At first, we only signed a 3-month lease with them until they figured out the next steps, but now they are needing to extend a full 12 months (approved by insurance). 

The rest of the funds received will be considered a return on your cost basis and non-taxable as well.Thanks for the response Ben The house was never used as a rental, it was owner occupied by myself for the duration of the mortgage.

All time periods affected by the Force Majeure event, including Closing Date, will be extended a reasonable time up to 7 days after the Force Majeure event no longer prevents performance under this Contract; provided, however, if such Force Majeure event continues to prevent performance under this Contract more than 30 days beyond Closing Date, then either party may terminate this Contract by delivering written notice to the other and the Deposit shall be refunded to Buyer, thereby releasing Buyer and Seller from all further obligations under this Contract.

We have one rental home has an extended lease with the tenants till the end of August.

I was originally looking at Indian rocks beach but have extended my search to Seminole (both zoned for STR).