I went with her to the office and she asked for her tenant file ledger so she could see how could it amount to $5,000 and they said no they won’t give it to her ( isn’t that wrongful of them to do so ) and they said she’s being evicted for ultiltes not being paid from 07/01/2023 until todays date - wouldn’t that be wrongful because notice states differently and even when adding up ultites until todays date doesn’t add up to 5,000$ I just need some help with this because is doesn’t make sense or seem right if anyone could please give advice and also the utility isn’t in her name & the lease yes was stated for her pay the utilities but her lease wasn’t renewed and was now a month to month term and that started last year so how can someone rent a apartment to a individual and not give notice to renter to pay certain things but wait a year or half years notice to eviction even though rents been paid on time 

If the interest charged is less, they charge income taxes on 4.9% as imputed (I believe that's the term)2.

Yes it affects your short term cash flow, but averaged out over the long run (decades) gets you a more realistic view of what your actual cash flow looks like.And what would you expect to net after fees if you were to sell these properties?

Of course they can get a higher sale price if they are willing to take on someone who cannot get a loan, or are offering better terms than current loan options.

Fixed rate long term debt is usually the goal unless you're flipping property.

I lived in Sugar Land (until 2 weeks ago) and kept my old primary residence as a long term rental.

I'm particularly passionate about long term rentals. 

But your goals, timelines, etc are not outlined at all.Common issues I see on these forums: everyone thinks they are getting a little cash flow, but over the long term, they are a) not getting as much as they underwrite and/or b) typically hurting long term value by creating cash flow through deferred maintenance.  

I have been doing research on BP and other places for a couple of months now and decided that buy and hold long-term rental BRRRR strategy will be best for us.

In terms of opening a bank account, most of them will ask for a local address but a lot of the online banks may not verify it.