I'd be in favor of letting the socialists have the west coast and northeast and the capitalists could have the rest.Mike

If only buyer, can the buyer alter that report in his favor?

Those changes might work more in one's favor.

Being that it was section 8 tenants, time was not in our favor as she had to find a new location which took a good amount of time, then her new location failed inspection because of safety issues, so her new landlord had to get things added/fixed.

You want one who will aggressively apply IRS rules in your favor and who will be willing to defend you if you get audited.

I would maintain ownership if the political winds steered toward a repeal of the rent controls or otherwise indicated a more favorable climate for the business.Thanks for your input.

The rental income and expense seems to be favorable.

I guess I'm in favor of the same idea of banning with a couple conditions. 1.

Regardless, I'm not solving for his needs but rather, solving for mine and the fact is, I can choose to keep this property and generate a nice cash flow so the deal must be in my favor for me to consider it.If I go with the Lease Option, I agree that the long option period is probably not the way to go - that was more if he purchases and I owner finance.

If you search the landlord forums, you'll see that a "2% rule" is favored.