He filed years of taxes over a long weekend, and after a few months was ok for conventional loan.

I’ve definitely seen this, or rather one part of the bank saying it should be fine and the back office part having a different trip wire for return.Doesn’t mean the tenant didn’t cut it awfully close but I’d let it go as long as it was resolved immediately and the tenant paid any overdraft fee.

As long as the property is claimed as self-managed you should be good.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

It doesn't take long to learn how to spot a good deal.6.

So...let's assume you meant the former.A goal of $80k in annual cash flow is very reasonable, as long as you understand it isn't going to happen over night. 

The way that I set it up along with the client:-Client got her long time friend to put up 200K for the deal at closing.

Yes, I know it’s long past time to find a new PMC…. 

@Dan N.These types of strategies is like building a conveyer belt between your home and your neighbors in order to borrow sugar from your neighbor instead of just walking there, knocking on the door and ask for sugar.Making these overly complex strategies for real estate really adds zero benefit and just costs you extra money in the long run.May I ask why you need such a complex structure ?

Pref is generally a shorter term than common equity, which means you need to have a way to redeem it out.