You can find much about this topic by typing "existing tenants" and "inheriting tenants" in the BP search box.

But the damage to the blinds and the cost of removing trash definitely justify holding back some of the deposit.As for the documentation, it’s a good idea to provide a detailed accounting statement along with receipts for any repairs or replacement items.

What made you interested in investing in this type of deal?

It’s a completely unrelated type of investing and not where people would be looking for it.

Are there other types of loans people use to pull equity from their rental to purchase additional properties? 

Hi Austin, you can refinance using any of the noted types of mortgage qualification types assuming income is sufficient.

Quote from @John Cardinale: Good afternoon, I'm looking to make contact with a lender who can help with a DSCR loan for an 11 unit property. feel free to dm me. thanksHi John, what type of 11 unit commercial financing are you seeking? 

In summary: if a landlord has a provision in its rental agreement, which includes any rental documents as they are incorporated into the rental agreement, that violate any of the “10 Deadly Sins,” the landlord must return all rent that it received from the tenant during the tenant’s entire tenancy.

Hello Brandon Sisco, finding the best lender for a 90% loan-to-value (LTV) mortgage based on bank statements can be challenging, as these loans are often geared towards self-employed borrowers who might not have traditional income documentation. 

This is my first rodeo with this type of thing.