In fact, they should be reported to the authorities for what I consider criminal behavior and at minimum for bait and switch practices and failure to properly disclose.

Quote from @Shameen Brown: Quote from @Bob Stevens: Quote from @Shameen Brown: Seasoned DE/SARR/LAPP Mortgage Underwriter, I have flipped a few homes with family in and out of state.

The mortgage will still be under our names.Similar question, we'll be moving into our rental property where we already quitclaim transferred the deed into an LLC (me and my wife).

Did you mean mortgage, taxes, and insurance?

For the proper set up of the PM biz and QBI and any other tax/legal questions you'll want to consult a CPA. 

Im from London Ontario.Im from a family of real estate investors, my dad has 10 SFH rentals.Ive flipped 2 houses now, and im looking to step hard into real estate.I have my Mortgage Broker License. 

Then if tenants DO NOT renewal Rhino, we can serve them with the proper 30 day notices.

Hope to learn and help both of us grow 💪🏻 Hi Brittany,Are you properly in Fort Lauderdale ? 

Keep the 50% Rule in mind: about half of the rent will go toward non-mortgage expenses, when you average all expenses over time.

He was so desperate after paying a mortgage and expensive rents.