Understand Their Process – Clarify loan requirements, turnaround time, and potential challenges before moving forward.

There may be strategies that require a little more blocking and tackling, but the price, location, and amenities of your property is what is going to attract your target guest.

Here is a list of minimum Requirements: 1.

My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

There's no problems living next to your tenants, just tell them your the manager NOT the owner to avoid guilt tripping.You have to analyze the deal 1) while you're living there 2) when you move out.

My role does not require any underwritting to deal presentation to the principals.

In general, DSCR loans will require the property to be either leased or at least "Rent Ready". 

(In Vegas where it’s super dry.) or using a rag to dry the seam to avoid mold/mildew and horrible smells. 

I also want to avoid the trap of thinking that things are a good deal because I’m comparing to the Bay Area (which makes nearly everything a good deal) ;-)

So after speaking with our cpa we have decided now will be the time to sell and avoid capital gains tax !