Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

I haven't looked in to any others yet.Good luck and keep us posted.

Keeping the structure the same for the purchase and the refinance is not a problem from a lending perspective unless one of you will actually hurt the qualifications of the loan. 4.

We have to keep these things discrete because we CAN BE REJECTED because of it they find another "reason" to disqualifie you.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We would like to keep the operating revenue and expenses separate from our personal stuff but want to file them along with our personal tax returns.

Totally a viable option but keep in mind the documentation of the process and making sure that YOUR material participation does not exceed anyone else in the home - for example, your cleaners or maintenance people. 

I got an attorney at the title company to write a letter, and the daughter to consistently keep pushing the mortgage company. 

Its too much to deal with a LL weekly if this keeps up and I've only shared the most incident. 

Keep in mind that depending on what market you are looking at, those 2-4 unit buildings may be houses that were haphazardly subdivided to create more units.