Alternatively you can also use the Fannie Mae underwriting guidelines to determine the actual net income (75% of gross rents - PITI(M))The advantage for the seller here is, that he will receive (almost) the same income without any volatility.

Does anyone have documentation/examples of using an “Early Warning Fire Alarm System” instead of Fire Sprinklers”? We are trying to make a case to the City/Fire Department to accept a Fire Alarm System instead of Fir...

Therefore; my alternative option would be to live in this residence and pull the equity from the home after the 1st year in order to purchase a rental property that will cash flow. 

@Andrew Lawrence I’m looking at deposit alternatives like Obligo and Rhino where the tenant can move in without putting down a big chunk of change for a deposit and the company guarantees it for s small monthly fee paid by the tenant.

Alternatively, if there are specific things you were not satisfied with, having a conversation about your concerns and sharing expectations may be sufficient to get your current manager back on track.  

I own a 3-unit property.  It was originally an old house, and it was divided into three units.  Only problem is that Unit 1 and Unit 2 are on the same electric meter and breaker panel.  The circuits are clearly divide...

It can be intimidating at times, but having too many people offering to help is far better than the alternative.

If you are not eligible to set up a Solo 401k and you have funds retirement funds which are eligible to rollover (e.g. funds not in a current employer plan), you can rollover retirement funds to an IRAat an IRA provider which allows for alternative investments.

The alternative would be to only pull $100K or so out of the property, it’ll still cash flow a bit, and you’ll have some money for other investments.

@Gregg FarrautoIf you are unable to qualify for bank loan working with IRA investor might be pretty good alternative.