When you buy a property, and hold a mortgage on that purchase, the excess cash you have between rents and costs is a form of profit but the short fall is NOT a loss, it's additional capital investment. 

While that bodes well for opportunities, the out of pocket cost would be excessively high as well.

Both me and my husband are currently working, so the excess, if we do have it, sometimes goes to one of our rental houses.

I messaged the tenant that I am going to complain to her case worker and to the housing authority if she doesn't cooperate.

Recently the thermostat was showing 90 degrees for couple of days and tenant was very upset about it (understandably) and informed me about the excessive heat in the unit.

I found all sorts of things to reference for an eviction including excessive damage to the property, signs of an animal, lack of yard maintenance, oil spill on driveway, smoke detectors removed, the unit smelled of smoke, appliances that came with the unit moved off site ect... 

If you have a properly written power-of-attorney (POA) authorizing you to manage on behalf of the borrower, then you should be fine.Here's what we've done:1.

Stanley (Author), William D.

The parent should have in its books a resolution authorizing creation of the child series, duly signed by the required members and the secretary. 

We still adhere to the state laws around deadlines to return security deposits and what we have to do to close out a deposit, but if it got messy it could get messy.We have also been told by our sister company in Denver that this does not work with anyone receiveing a housing voucher/subsidy, which we have also been unable to confirm in our local market including directly with our local housing authority.