Also, if your local MLS  offers a printable 1004MC report (after you select comps) you can use that to gauge market trends and determine a pricing strategy when ready to relist. 

I have 10 years of experience in banking and know that lenders love reporting that shows exactly what is going on in your finances.

Then within 24 hours have him send me comp reports for reach, while I do rehab analysis.

Unless I get a police report for a noise complaint no one was in violation of their lease and there was nothing I was going to do. 

Anyhow, if my assumptions are remotely closer to accurate than not, the report indicated a Cash-on-Cash ROI of 52.93%.

According to some reports, we're (SA) expected to add something like another ~1m in population in just the next 5-6 years which is incredible.

I talked to my lender and she said I can purchase another residential property as long as I have the rental income reported on my next W-2. 

In the process of applying online, I was asked to obtain my credit report through a link they provided to a company called CreditNav. 

Hi Wayne, This complicates your situation because legally (legal title) your LLC owns 100% of the property, but the property is actually reported and treated differently for income tax reporting purposes. 

This is what makes this very tough for a homeowner to buy something to live in. as they get lazer focused and it never goes to sale. they waste time and energy chasing it.And if its LA if there is any equity at all you will have massive competition..For due diligence simply order a preliminary title report for a few hundred and that will tell you the story.. some auction sites will publish the TSG  but not all.good luck