Pay the money to have the attorney draft it up and get it recorded for you.

Buy the rock solid rental and get your appreciation, cash flow, depreciation, principal pay down, equity capture on a discounted by and forced appreciation gain for a well targeted rehab.  

Cincy is high, but they're good and they pay if you have a claim. 

Additionally, to be licensed GC for residential work in Cincinnati, you simply complete a form and pay the fee.  

This is phasing out of a tax benefit.

You'll get the most favorable financing terms and offset your housing expense while paying principle.

So to be clear the HUD FMR is only for landlords paying utilities?

First, the potential for tax write-offs makes it an attractive financial strategy, allowing me to optimize my tax obligations while building equity.

Tenants been there 4 years paying the same way under market. 

I am ready to refinance one of my rentals to pay off the private lender loan I used to purchase it. ($85k) The ONLY thing preventing the loans from being accepted is the square footage of the house. (500 sf) Everything else about the house passes with flying colors!