But most importantly, lenders will demand a certain level of rent and net income, with a track record typically of three years at that amount.

@Amanda Young I use Stessa for my record keeping.

However someone will have to pay them in order for a new deed to be recorded in your name. 

MLS inventory is at record lows, and first-time home buyers like myself don't really stand a snowball's chance in hell here.

Lessnick and they do not show any record of my transaction but that if I send $3500 more to them they will fund me.

Most of the "not so good" ones I had to find out the hard way, having spent extra time, effort and $ to be unpleasantly surprised.I have already went through all the permits and old records looking at microfilms for hours at the city's archive office.But I still have a lot of questions that I believe this person can answer.  

They probably don’t have the records or realized “deferred maintenance” is a thing.Maybe some writing and simple math?

However, should I be maintaining records and receipts of the expense of these repairs for capital gains and depreciation reasons in the future?

Before you move, clean the compactor, all the kitchen area and take a bunch of pics in good lighting and save them for your records.

pid=1782Houston Real Estate Highlights in May:-Single-family home sales increased for the twelfth consecutive month, up a dramatic 48.2 percent year-over-year with 9,702 units sold;-The Days on Market (DOM) figure for single-family homes dropped from 58 to 34;-Total property sales rose 55.5 percent with 12,100 units sold – the second highest volume in history;-Total dollar volume increased 100.5 percent to $4.4 billion;-The single-family average price reached a new record high, rising 29.7 percent to $387,105; -The single-family median price rose 21.7 percent to $304,000 – also a record high; -Single-family homes months of inventory registered an historic low 1.4-months supply, down from 3.3 months year-over-year and below the national inventory of 2.4 months;-On a year-to-date basis, single-family homes sales are running 29.5 percent ahead of 2020’s record pace;-Townhome/condominium sales jumped 103.4 percent with the average price up 15.7 percent to $238,839 and the median price up 21.7 percent to a record high of $213,000;-Single-family home rentals fell 26.8 percent with the average rent up 10.6 percent to a record high $2,025; -Townhome/condominium leases declined 3.5 percent with the average rent up 8.5 percent to $1,716.