If they aren't using E-sign documents then that kind of stinks, but if you're talking about the final deed and everything then that's also up to the closing attorneys to mail those documents to them for closing.

@Ruth Bayang Did you end up e recording any docs with the deeds.com?

General answer is need to show 2 years Fed tax return Schedule E.

Welcome to Bigger Pockets, @Antonie E Fields!

Follow this six-step procedure to account for the property’s rental income and all the expenses.Step 1: Report 100% of rental income on Schedule E of Form 1040.Step 2: Deduct 100% of any direct rental expenses (such as rental agency fees and advertising) on Schedule E.Step 3: Allocate mortgage interest and property taxes between rental and personal use.

I am trying to make sound investments and now I am looking at upscale neighborhood in Seattle :)  I shouldn't be looking at this.https://www.zillow.com/homedetails/1851-Mcgilvra-Blvd-E-Seattle-WA-98112/48937134_zpid/I should be looking at thishttps://www.zillow.com/homedetails/3362-N-47th-St-Milwaukee-WI-53216/40439567_zpid/

HiWhile reviewing a deal to purchase a performing contract for deed in AZ, I have ordered an O&E report and learned there is a 5K lien that should have been wiped out when the property went through foreclosure (DUI charge on the previous borrower, under previous lender).The loan I am about to purchase is in 1st position, and the LTV is <40% so I don't see FC happening here. 

@Lynnette E.

Ask questions they must answer via anonymous e-mail to get a reply from you. 

May be so e hidden potential if current rates are considerably below what other comparable properties are charging...?