@Stephen E.  

Technically we had another home for about 6 months before it sold at auction.Debt relief act expired so no, that won't help.

Sometimes we have to foreclose and liquidate the home.

Usually it is the case that the lease reverts to month to month after the initial term expires.

or do i have to keep it until the redemption period expires??

Remember that we now meet in the Community Room at the ISU Credit Union located at 2255 E.

Originally posted by @Bob E.

If they haven't paid for any marketing for it, I'm not sure why they would want to be difficult about it.Ultimately you could really make things tough for them so that they waste their marketing money and then the contract eventually expires anyway and you hire your dad instead.That being said, is there any reason why you signed a listing agreement with them given that you knew your dad was an agent? 

I am not sure of your DTI ratio's, but you will be required to count the full payment towards your DTI until you have 2 years of landlording experience (reporting on schedule E of tax returns), which could make it hard to continue the process right away without flipping a couple or being patient and getting to the 2 year mark!

Your home office expenses will be reported on Schedule E.