NEXT I would have some big teeth in it, that would be IF rents are missed for a term of 29 days that all rent discounts are forfeited and the full rental amounts are due on a regularized schedule going forward.

Servicing is easy, just regular maintenance that most sewage companies can provide. 

There are a couple of other solutions that should work for you and last:Gaco silicone roof coatingsER systemshttps://www.liquidroof.net/ (It's liquid EPDM but can be recoated, which is why I don't recommend regular EPDM)There are others that I can't remember currently.

We work with out-of-state investors regularly who buy sight-unseen, which is why we look for very specific properties per their REI models, but it can be done!

Net earnings for Social Security are your gross earnings from your trade or business, minus all of your allowable business deductions and depreciation.In figuring your net earnings for Social Security, don’t include the following:Dividends from shares of stock and interest on bonds, unless you receive them as a dealer in stocks and securities.Interest from loans, unless your business is lending money.Rentals from real estate, unless you are a real estate dealer or regularly provide services mostly for the convenience of the occupant.Income received from a limited partnership.How To Report Your EarningsYou must complete the following federal tax forms by April 15 following any year in which you have net earnings of $400 or more:Form 1040 (U.S.

Hi @Andrew Martin, Unfortunately, most lenders, even the best that I use on a regular basis, have temporarily stopped lending on investment property refinances due to their current economic situation.

Just make a regular ish offer with an end time and let their process work.

Does anyone have any advice on the feasibility of not classifying the property as an investment property to depreciate or write off expenses such as furniture, dishes, insurance etc, & just collecting monthly rent on your property for a regularly classified home?

The Collateral paragraph says: All tangible and intangible personal property, including, but not limited to: (a) inventory, (b) equipment, (c) instruments, including promissory notes (d) chattel paper, including tangible chattel paper and electronic chattel paper, (e) documents, (f) letter of credit rights, (g) accounts, including health-care insurance receivables and credit card receivables, (h) deposit accounts, (i) commercial tort claims, (j) general intangibles, including payment intangibles and software and (k) as-extracted collateral as such terms may from time to time be defined in the Uniform Commercial Code.

Ask them which lenders regularly attended their clubs and have the best reputation.