The IRS doesn't trust you to report accurate information, so the 1099 from the property manager is checked against your filing.Any company that does more than $600 in business with you should issue a 1099.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

I do well, at least enough to go on vacations as a family, put money into high yield savings accounts, max out the ROTHs and add to investments when I can with money saved in savings and checking accounts.

Now this Jan 1st another slew that pressed the bar of standards and requirements even higher. 

It not only states that throwing self out as a nice juicy potential commission check will result in a veritable feeding frenzy of "pick me PICK ME!"

Looking at this mathematically, if you assume a 50% non-renewal rate (industry standard) and use the low end of the range of $5,000 per non-renewal, there is a loss of $50,000 per year on a 20 unit property.

I will check that out thank you.

I am also interested in checking out Rentrange. 

Check out REI Central and the CHS Circle.Let me know if I can help with anything.

The circumstances around the eviction and how honest they were about it (ie did they tell you about it or did you find it out when doing the background check) are telling.