When you finally get them on the ropes, they pack up and move out never to be seen again.

Looking for advice on renting to an individual on a rental assistance program through the government.

Do you mainly rely on driving for dollars, online platforms, or networking with other investors? 

Outside of real estate, I enjoy bodybuilding, working on cars, and anything that keeps me physically active outdoors, which helps me remain grounded and focused.I'm looking forward to networking, exchanging ideas, and building lasting relationships in this community.

Hope this helps, and best of luck on your journey Priya!

Joe These days a lot of local governments have the records online.

Document every incident and move on.

Once you see how much it cash flows, you can divide by your total cash investment to find the cash on cash return, then make assumptions about appreciation and mortgage paydown to find your total return.  

The home was listed on the mls.

You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring.