If its a cash on cash return that is better than some other options, then I'd say put in an offer.

If he has worked 2 years as 1099, for loan purposes, the net amount put on his federal tax return will be averaged.

I would have negative cashflow of around $900/month on the house (SFRs don't cashflow here), and added holding costs/time mean my cash on cash returns would suffer, but I'd still meet my threshold... unless of course the market tanks by then.

A few days ago, the HOA manager notified me that a girl was arrested on the Premises for drug use.

Hi,Has anyone compared the returns of a stock/bond portfolio against investing remotely in real estate?

Another month with good solid returns from POL.  

Typically want more than $100 a door but you also need to look at Cash on Cash Return. 

My aunt will not be returning to the house as it brings far too much emotion.

While the returns can be much greater, the cheese moves much faster in the game of short-term rentals, and the knowledge and strategy required when it comes to existing and future government regulation (on the city, county, and even state levels) is hugely important as one could get put out of business at any time.

This will help you and your accountant when you prepare your tax return.