He hasn’t even reached his end date yet?

Just make sure you have a way to receive rent payments, pay for any repairs and keep up to date on taxes and any other bills.

Again, tenants can sue for the return oftheir money and their attorneys’ fees.38 A landlord is prohibited from charging more than a 4% penaltyfor a late rental payment.39 By statute, rent is not “late” until 15 days after its due date.     

So there I was on 12/31 (closing date #2) hearing nothing so began converting any traditional IRA funds into Roths in the afternoon.

It is a pretty good article, but it is a little dated.

I use Zillow and the assessors database to confirm actual sale prices/dates.

@Micah Hensley I was just thinking about doing this for my rentals. seems like i know the numbers in my head but i never got around to actually putting the numbers down into a spreadsheet. i think i’m just going to start listing categories ex; property, tax, insurance, management fee, rent, current value, purchase price, total rehab, to date repairs, etc. then maybe do a final value for roe. not sure how this will work but maybe i see something when all the numbers are laid out.

I viewed the home and decided to make a offer, which was acceptedHowever when we got to the original closing date things took a turn and it was discovered that the home had work done without permits and the zoning of the home was not residential.

I would then use that 180K as a down payment on a conventional loan for new construction on a single story house that is being built in a new development near my wife and I (Est completion date is July with a price of about 280K). 

I have a closing date of early March.