So my thoughts to what is or isn't a huge trigger for the IRS for audits is based on direct input from the industry.

This^^^^^Unless he is loaded with cash reserves and can take a loan out based on his liquid reserves.

If you get 100% of the purchase price covered then you should have sufficient funds for the closing costs based on what you're saying. 

Alternatively, you can tell them you will charge their security deposit for it, but that becomes a charge against your security for the property.You should consider whether you really want them out of the property with regards to the above paragraph.

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.

We have everything microsoft so we use sharepoint to hold the files and when updated it automatically gets updated and use microsoft copilot and create a copilot agent based on those documents and internally we then have it in microsoft teams so anyone can use it.

You’ll face hurdles like maintaining a steady deal flow, securing funding, managing renovations efficiently, and optimizing your exit strategies.This guide highlights key strategies for investors looking to transition from single deals to a scalable, volume-based distressed property investment model.1.

I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions.

How to Price the Condos: Do a reverse amortization schedule for a 30-year mortgage based on Room Rental Prices in the Area.

Based on your situation, you will likely need to recapture the depreciation when you convert the property from a rental (STR) to your primary residence in 2025.