I'd like to see the templates others are using to accurately project Cash on Cash and Cash Flow. 

Did you miss this in the same forum 10 days ago with 95 replies?

But, the lessons I learned have been worth a fortune!

We have a buyer for the property and now it has been discovered that the corporation paperwork was submitted to the state as a charitable contribution even though we are listed as a not for profit organization and have been listed this way for well over 40 years.

When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)

@Matthew Kwan, he is asking why the underwriters will not allow him to use the proposed rental income from the subject property at time of purchase.

(I’ve seen the free transfer there.) 

If you want to get the most out of your new Pro membership, add a photo, a bio, and some information in your profile so people know they are communicating with a real person.

Are you trying to raise the rent?

So if you had 3 rentals with losses and 2 rentals with gains, the losses from the 3 rentals would offset the other 2 rentals and the rest of the loss would be carried forward to offset other passive activity losses in future years if applicable.