While I was reading your original post yesterday, I received an e-mail from a group of four graduate students who asked to be put on a waiting list for either of these properties in the event the incumbent tenants elect not to renew when their lease comes due in August 2014.I sent the ring leader of the group a copy of our application form and two have already responded with completed applications.

My Schedule E includes depreciation of the rental as an expense relating to taxes but it doesn't specifically call it Net Rental Income.

You can use the income from the properties to qualify IF you have 2 years landlord experience generally evidenced by last 2 years tax returns Schedule E.

Haha, luckily I have never accepted or provided a birddog fee.I was mainly curious because in Danny Johnson's e-book "Flipping Houses Exposed" he sends 90% of his leads off to other investors for pretty substantial referral fees.

All of my lending was done inside the partnership I didn't hold any deeds.So, there you have it, not just experience from my barking regulatory platform but from personal suffrage as well.

I've grown weary of receiving so much advertising from MF, both within the newsletter I am already paying for (upsell), and in my e-mail in-box.

@Ben Grise If you get the e-book and put it on your phone or tablet, you can have it read to you while you drive ... if you do not mind Marvin the Paranoid Android as narrator.

Originally posted by Craig E.: I've flip flopped on this.

@Mike Wallace e This sounds like the condos I have been checking out in Waterford.

My personal favorite is the E-myth and 4 Hour Work Week.