My family and I are planning to upgrade our living situation in a few years but we live in a HCOL (New York City) area so it’ll probably take that time to save up the down payment.

I'd like to get one for giving a tenant 10 day notice of lease violation (like non-payment of rent or moving in an unauthorized tenant, etc) where the tenant can stay if they correct the problem within 10 days.  

Co-hosting or having a PM company is hard enough, without the added pressure of making multiple rent payments. 

If you are renting to college students, I would suggest having a parent sign as guarantor for payment and make sure you run their credit report as well.

@Dieter Best  What you are talking about is a Ratio Utility Billing System (commonly known as a RUBS program) is a method for allocating billed utility expenses to residents of a multifamily.

Investment rental property being purchased with 2/3rds of down payment coming from self-directed IRA funds being held in trusts. 

"I have cancelled that payment request and I do apologize for any inconvenience.

If that does not work and they were the cause of you losing money you can always sue them another method is to file a formal grievance with the state Bar in your state and the state where they operate. 

Credit History - This may help a little if you have good credit, but it shows you know how to manage money correctlyProof of Funds - Do you have the money to pay any out of pocket expenses like a down payment that the lender is looking for?

I am beyond the two years required.What I am trying to do is find a way to buy a multifamily using FHA 3 1/2% down payment as opposed to 20% or 25% as an investment property.I have a situation where it would be beneficial for me to try and help my mom and my sister move into a place  because I can afford to purchase it… The grey area is whether or not they are considered family members per FHA guidelines to qualify for the 3 1/2% down payment. on the FHA website… It says family members are considered parents, sisters, brothers, etc.I am definitely not trying to do anything illegal, I just thought maybe if I sell my primary residence… I could buy the multiunit per FHA guidelines as long as my mom and my sister are considered family.I have been told that the 12 month or 24 month living requirement only requires one family member to live in the home… So if my mom and my sister are considered family members… Does that meet the requirement?