Oh, you used an online service to create your LLC?

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

This also means that with a larger down payment, the monthly debt service is less, thus increasing cash flow.

- For the valuation, is it ok to use the BPO service offered directly on the exchange website or should I purchase that service directly from a company like valuationvision?

We are probably looking at another $22k or so in debt service depending on the offer price and interest rate.

Turns out another tenant in the building has suddenly started with the same type of behavior, trying to push lease terms, and trying to dictate when we can send our service guys in, always on their terms, never meeting half way. 

It just depends on what services you provide.

Does anyone recommend a service like rentometer or neighborhood scout specifically? 

Your family member is also your cleaning person, maintenance guy, public relations manager, and your property management service. 

Our LTV is less than 50% ( yes no risk at all for the bank, and we have top credit score.We already paid the appraisal, environment fee, wasted countless hours etc...The texts in LOI: Financial covenants:-- Min DCR based on actual rents for the first trust deed of 1.25:1.00 based on a 25 year amortization by the end of 2018.And in the loan doc---Property is to maintain a 1.25:1.00 Debt Service Coverage Ratio, tested annually.We would not have paid the fee and sign the LOI, had he included the phrase tested annually.Please understand that the loan  will be for 10 years long, and we are very confident that we will always have fund for the monthly mortgage payment.