Be reasonable and most tenants will be in return.

Then returning and looking at my beautiful house destroyed.

At least I'll get a great return. 

I also prefer that the managers share the risk alongside me - via skin in the game and/or profiting only after I have my capital returned along with a preferred return before the manager/developer makes any profit. 

It all depends on how we're qualifying for the loan -- are we in a position to be able to provide tax returns and income for the purposes of qualifying?

Tax returns?  

My issue is that I do not have tax returns to get another loan for my next property, but I have the money for my next property.What would you suggest for me to get my next property?

The original numbers made for a substantial return, but a competitive housing market in downtown Tucson has made this deal a home run.

If you have a shi**y product, it's going to be empty, or you're going to be leaving money on the table by collecting less than you could (rather, giving up a high return on your capex improvements).Whenever I defend 'slublords' people think I am one. 

Any CPA specializing in real estate would more than likely be doing returns in Delaware and therefore be familiar with the Delaware tax code.