For example, you might agree to a 70/30 or 60/40 split, depending on his level of involvement.

Depending on the amount owed I might pay it off after I’m under contract to do a property inspection and ask for the money back at closing.

You'll need to keep good records, including the appraisal if necessary, and acknowledgment from the charity.In terms of how much you’ll actually get back in terms of tax benefits, it depends on your specific tax situation (your income, other deductions, and tax bracket).

If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.

@Kevin Hintz It's property dependent, obviously, but last year, I sold one a street back from the beach that they're cash flowing.

Depending on how much rent has gone up (after the concessions), if I don't refinance, the cash flow will be about $50-$100 per month.

This is critical because depending on your future goals and what we think the market is going to do, we can structure everything to keep more money in your pocket for the next deal. 

@Juan Mendoza  I think there are legal definitions for a bedroom and there are usual and customary definitions for a bedroom, with each dependent on who you are talking too and where you are located.  

Thanks in advance,Keyshawn Good morning, the Destin market allows for short term, mid term and long term rentals depending on the area.

Alexander,It depends and varies hugely.