Study HOA documentation prior to purchase as rental restrictions can limit the usage as an income property, especially when HOA is non-cooperative.

Many times, they provide these types of documents for their members.

Section 8 Homeownership Vouchers (TOTAL) DefinitionSection 8 Homeownership Vouchers refer to housing subsidies received under the Housing Choice Voucher homeownership option from a Public Housing Agency (PHA).Required DocumentationThe Mortgagee must verify and document the Borrower’s receipt of the Housing Choice Voucher homeownership subsidies.

My next course of action is:1- Give her a notice to pay document to let her know how much she owes if she does leave by the 10/16 date or how much she would owe if she decides to leave on 11/5.

You don’t have to keep contemporaneous daily time reports, logs, or similar documents if you can establish your participation in some other way.

Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’

You could also qualify if you spend more time on the property than anyone else involved, regardless of hitting 100 hours.Ex. managing contractors, handling bookings, setting up the property, or dealing with guest communications, you might meet the material participation requirement without needing to track 100 hours.The key is to document everything.

Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information”.The BOI program, a key tool in the fight against financial crimes, requires every business to document their 'Beneficial Owners '.

Initial Inspection and Assessment: Document property condition before work begins. 

Once you get that, sign it and send it back, then request their financials and documents pertaining to the sale.