After receiving the deed I was going to first talk to the association office and gather any info from them about the property and if they think anyone is living in the property.  

All the assistance programs require the landlord to complete a W-9 and receive a 1099 though.  

I included the holding costs because during the rehab I would be incurring those costs without receiving any rent to cover them while the property is vacant.

If he receives an offer from a buyer at full price, without a buyer's agent, I feel like he will push the seller toward that offer. 

Cap rate is around 6.5%, based upon my calculationsThe 1% rule has not been met as 6,000/800,000 = .75% but as I mentioned, I am receiving a little less now due to living in the place for the year. 

It is in a small 8-unit community that consists of three buildings:  2 duplex-style buildings on the left and right, and an L-shaped 4-plex in the middle.After purchasing, I asked for and received the past 7 years of HOA documents (as this is the right of all property owners according to bylaws). 

It would have slightly higher than what I would receive if I worked with an agent. 

Again, the agreement was between the bank and her... not me.If the land owner wants to receive the tax deduction, then they should refinance the outstanding balance and have the loan in their name.

Monday morning, no apps received and we went ahead with this app as my PM ( found through Thumbtack) was also realtor from Tenant side was very confident enough to manage them. we went ahead and leased them, and they are moving on Oct 1st.Points learned:- We were too eager to buy our first property, and Jun/July is crazy Seller market- April - July is "most" tenants moving time, and easily rent able time.- Home prices are cheaper now ( 3rd Quarter), but as an investor, i would not buy now as well (?)

Account ClosedThere are a couple reasons I think a slab would be better received here. 1) The housing stock here is generally older.