In mfh you don’t get Fannie non recourse lending until you are over 1 m loan size.

I've been assuming folks are using Fannie Home Style?

If you aren't evicting and an otherwise cooperating tenant causes property damage then you simply provide them 24 hour notice that someone will be entering the property to perform repairs, you pay that person yourself to perform the repairs while taking before and after pictures, then you send the tenant notice to pay for the repairs with a copy of the bill/invoice. 

I noticed that the expenses of this property are 80% of the gross revenue (yes, eighty percent!).

So I am house hacking a rental i inherited and one day noticed a puddle in the hallway carpet.

Thanks, Dan Dietz If you're doing commercial or hard money it shouldn't matter.If you're trying to posture yourself for Fannie type financing, divvy up the properties so that in each case one of you and only one of you is paying the entire mortgage from an account in just that one person's name.

I am temporally renting with a friend in a 2/2 townhouse here in Hawaii, and I've noticed this area specifically is pretty hot.

-When someone gives a notice to vacate what is your procedure?

We haven’t received a copy of the term notice signed by the seller for us to provide to our lawyer in order to receive our earnest money back.

She suddenly remembered wires that she had forgotten for her TV (she had 2x 5" holes cut out of the feature wall to hide her cables, without asking) so it was easier to have her reputable painter guy pop in and cover up the holes and remove her last items without me having to see her again.My fault for not just getting it done myself I suppose but she is the sort of tenant that uses Court Action in seemingly every sentence and was seen taking pictures of everything when she left and even took a picture of her notice taped to my front door so I was trying to minimize any court action by at least keeping her in the loop of all the damage so I could get her replies by text to use if she decided to challenge my return deposit amount.She did admit to the burns in the carpet (stupidly putting hot coals from the fire in a plastic home depot bucket) and argued that it wasn't cat urine but vomit as her cat had cancer (but obviously didn't think to clean them or have them professionally cleaned).