(I’m thinking of something like charging your parents $1/mo rent and writing off all the expenses as a loss against income.)This isn’t one of those snarky responses you sometimes see on BP I seriously want to know as this belief of mine prevented me from making offers to owners who were stuck on their severely over market price.

Side note: Contrary to popular belief, Debt to income does not affect credit score (as the bureaus have no way of monitoring applicant income for the sake of scoring).

@Nic Stergion and @Brenden Mitchum, contrary to common belief, a buyer's agent cost the buyer a minimum of 3% in most cases.  

For purposes of this section, "family" shall mean:(1) An individual or any number of individuals related by blood or marriage;(2) A group of not more than five individuals not so related;(3) A group of not more than ten members of a religious order who live together in a single dwelling unit; or(4) A group of not more than ten adults, the majority of whom are 60 years of age or older, who live together in a single dwelling unit, are all capable of self-preservation without assistance in the event of an emergency, and do not need to live in a supervised environment.Does this mean that 5 unrelated people can live in the same house?

It’s more so a belief that with the bright future of young superstar talent, it’ll bring more consumers to the Kansas City area.

Tenant has apparently had issues with repairs in the home (unbeknownst to me, as I've authed every repair to come across from PM) and threatened rent escrow as a means to have repairs properly completed (unbeknownst to me, my belief was that they were completed and properly) then followed through a month later ..

Contrary to popular belief, this is not set because I believe it will give me a higher return.

Am I correct in my belief that the taxes, insurance, and utilities expenses paid for the rental property go ONLY ON form 8825?

@Jean-François Kenkiki,Regardless of where you are, start attending local REI meetings religiously. 

I listen to their podcasts religiously and they got some smart analysts.