She can't afford rent, so you get her moved out by the end of the month, then apply her deposit to the unpaid rent, cleaning, and repairs.I may even incentivize her to leave quickly by offering to forgive the unpaid portion of rent if she gets out by the end of the month, but it really depends on a number of factors and I'm not going to ask for details.For future reference, best practice is to have set standards and adhere to them every time.

From here, you can analyze specific properties and run underwriting and projection tools.Keep in mind that running a property with a pool does incur more expenses, heating the pool, emergency maintenance, standard maintenance, higher insurance, etc.

I'm not making that up, that's the qualification standard that's applied.

I would tell her the home isn't meeting her standards, so she should pack up and leave.

Keep in mind, if there is enough depreciation (IRA can't take the bonus depreciation, need to use standard depreciation schedule), that depreciation might negate any positive income.

Since you posted this under "house hacking", then you might be looking for a standard type of financing.

the house has a bunch of equity, being worth about 750k when fixed up.I  know that on a standard convenetional mortagage foreclosure, there usually additional fees such as unpaid interest, attorney fees etc, apart of the princiapl balance.Is there a way to conservatively assess what will be the actuall "Pay-off" on the 1st?

A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.

•Spreadsheet Formula:•While there’s no standard spreadsheet, you can create one using the following steps:1.Determine Original Roof Cost: 2.Calculate Accumulated Depreciation: Based on the original roof cost and the number of years it was in service.3.Calculate Remaining Basis: Original roof cost minus accumulated depreciation.Note: TurboTax may have limitations with complex entries like partial dispositions.

Pretty much every time I talked myself into making a compromise on our minimum standards I regretted it later.