I am just used to writing in caps lock for my job

At this point I see you have a few options, they are;Keep the property and use the tax write-offs to reduce your income taxes WHILE you work on increasing the revenue as I mentioned in my previous postAs Patrick mentioned, sell it.  

I highly recommend collecting (maybe even requiring) payments by automated ACH because renters more-or-less forget about the rent payment happening so they don't have that monthly "maybe it's cheaper to move" thought when writing out a check to you each month.  

It involves filing it yourself—that's where the $200 comes from—and then setting up the EIN yourself and writing your own articles of organization based on online examples and following compliance booklets.

Bottom line have your mortgage broker write you an official letter that your loan does not ends in the hand of Cenlar which they call online loanadministrations.com.

The tools on BP are probably sufficient to provide quantitative answers for you but I can tell you based upon personal experience that negative cash flow is not a good idea unless it's purposeful, specifically as a tax write-off.

I run it, show my work, and write those assumptions right on the preapproval letter.

The interest rate on the note is 5.5%, payments are interest only or more,and all outstanding principle is due the beneficiary twenty years from closing.If the underlying note of $1,100,000. were bank financed, and I wanted or needed tosell, I would need to attract a buyer who was willing to get all new financing throughsome means, or write a very big check at closing.

You are required to disclose, as well as use the registered name on all marketing material related to brokerage services, you may also want to have in writing a policy or agreement with your broker regarding compensation related to your wholesaling activity, I think you are getting into some difficult practices, be sure to have your ducks in a row

Initials: _______b.Tenant agrees to pay for clearing the sewer drains of the Premises of any and all stoppages, except for those stoppages which the Landlord will agree were caused by defective plumbing, tree roots, acts of nature, or which are declared in writing to have been so caused by the plumber or other person who is called to clear the stoppage.