The seller only knows what you/your agent told and/or given them ie the pre-approval included in the offer.

It may be turnkey, but when was it built and why isn't the turnkey company providing you with a home inspection, including sewer, with the package?

The break in talking due to plane noise the locals refer to as the Pt Loma pause.  

I can pay down faster if I included personal income but at this point I don’t need to.Scenario 2: Pay off properties with the 6.5% mortgage and 4.25% mortgage.

Let me know if I can help in the Memphis TN area to also include North Mississippi.

When I was trying to do a BRRR my mentor told me that the limit was 50,000 minimum on a purchase, not including the rehab.

Be wary taking advice on these forums from people who are not experienced in the niche you're trying to break into.

You would need to report all of the payments he makes to you as income, including the $20,000 option fee. 

This includes being able to search by address.

These were long time holds as long as 35 years.Pretty soon you will arrive at the required numbers including your tax exposure for Ca state income tax, make sure you are sitting down for that part.It is all covered by the video above and your accountant.