Is he required to issue me a 1099 form for rental income for 2023 taxes?

I think Stessa is a great product but not linking correctly is one issue I have heard of.

Yes, there will be limitations of a TN financial institution as I live in CA, and I have read articles about potential tax and filling season issues if you bank outside the state where the business is registered. 

Giovanni, I do it very similar to Scott, although all mine are posted as cash offers, although I have a very close relationship with my HML, and he always takes care of my proof of funds, and I honestly have never had an issue with this or ever been questioned, and I have done purchases from all sorts of sources including Fannie.

For example, sure there is sa record AMOUNT in mortgages, but probably because of the low rates, the actual cost/payments for this borrowed amount is really low.The only issue being shown here is the credit card debt...

And if they have any personal issues that would stop them to show up, I can get a backup the same day through the Turno Marketplace.

@Kim Durst Potentially you could take the $10k, then have another $10k (or whatever amount you feel covers your cost if there are further issues) held in escrow.

This is not the first time I have heard of issues of this nature as many of the investment clubs I am in are seeing GP's stopping the issuance of dividends and performing cash calls.Lastly, if you are a single family investor and thinking - who cares this is commercial, recognize commercial real estate has a significant impact on residential real estate since it will lead to banks being more strict on lending and a drop in rental rates on MF will make its way to residential. 

It just becomes a marketing and pricing issue. 

In MHP's they are regulated like cars rather than real estate, but the renovation is mostly the same (sans foundation issues, and structural issues if leave the outside walls intact).