The buyer's attorney can write the form, and can send them to the seller/ seller agent for the seller to obtain.These are letters from each tenant affirming how much security deposit the landlord is holding, how up to date their rent payments are, and sometimes they define which appliances are the property of the tenant vs the landlord.This protects the new owner from claims after closing that the tenants had security deposits that didn't exist, or that they don't owe back rent, etc. 

Glad to see you have some investment goals defined. 

Hi All,I understand that if I purchase a MFR investment property and designate it as my new primary residence, I could potentially pay 3-5% down instead of 25% for a non-primary MFR investment.  I can live in it for a...

I would think it unfair (and unacceptable to her) for us to not define "profit" in advance, so she knows how it's going to be computed. 

It is insurance, which is defined as a financial product that protects against unforeseen future losses that would exceed your ability to absorb.  

It depends on how you define "Realtor" and "flipper"...If a Realtor is anyone who has a real estate salesperson's license, then the average income is probably less than $20K per year. 

I'll definately check out the personal finance forum.  

Aaron, I'm definately going to check out that meeting soon.

Feel free to define return how you like (cap rate, cash-on-cash, cash-on-cash less interest, whatever you use) and just make sure to include you definition for clarity.  

IBC 2012 section 1029 defines the open requirements of the window of 5.7 sq feet (net) opening.