Account Closed, When we typically do our rent-to-owns (lease options), we still take care of repairs (in the sense of capital expenditures).

Then I subleased a small space from my accountant.

Accounting for anticipated capex and increases if already known.Analyzing tends to be a mix of analytical data and finesse with the numbers based on the property, if that makes sense.Anyhow, reach out if I can help.Mike

thats what my accountant just told me last night as well, I dont think I will be trying to do that strategy right away.

@Brandon Sturgill Unlike you Brandon I hold myself accountable to higher standards. 

Tiller will automatically pull financial transactions from checking accounts and credit cards into a spreadsheet allowing you to then set up a simple financial cost tracking system. 

In addition, we are also pursuing Financial Independence through a mix of real estate and investment accounts. 

Lets say that the numbers were added up before hand with what the loan might look like and the person had a bank account that could cover 6 months of payments of what the bank would probably ask for the loan saved up. would that improve their chances with a low income? 

Do I need the cash in my bank account on auction day? 

Do you have an escrow set up or just a regular account to have it in.