Most fall under category 1, followed by category 4, then 2 and finally category 3.

I finally spoke to Luis who told me, "we definitely dropped the ball.

Fraud is a high bar to finally do something about a member that has been so problematic for so long.

This forum has been an absolute wealth of information around the foreclosure process and trustee sales.I've been heavily researching tax sales/foreclosures for a few years now and finally feel ready to take the jump.

I am required to help pay for him to relocate or waive his final months rent because I did not provide "info of the exemption" in the lease or month to month change?  

I finally decided to close the doors mainly because the unit used was not available anymore, but also because the regulations got stricker and stricker over time.Now, if you want to use your 2-4 as an STR, you need to show proof that you are living in the unit you are renting by sharing a government-issued ID with that exact unit or your tax exemption form.If you have a building over 5 units, it's a bit easier but still challenging ( you can rent up to 25% of the units out for airbnb)...the few people I know that are successful are NOT the owners of the building, but more so the operator of the airbnb unit aka str arbitrage

It feels amazing that I'm finally doing something on my own! 

Similar to the allowances in a pro forma, they are simply set asides and only become expenses when the property taxes/insurance are actually paid from them. 2) Capital Expenditures - They certainly feel like expenses, but certain improvements cannot be expensed outright but instead have to be capitalized and expensed/depreciated over time.  3) Depreciation - Finally some good news! 

The final option is just purchasing cash if you can find a property for 450k .

We arranged movers for both his belongings and the seller’s, ensuring a smooth transition for all involved.Once he was out, we completed the final walk-through with our cash buyers, who were eager to close.