I apologize in advance for the length of the post below...A little background on me; I have a little (mostly negative) experience as a landlord after we, my wife and I, moved out of our first home in late 2010 and looked to renting because, shocker, we were underwater.

I have a great network, of contractors, lenders, title, and property management company (Mike Butler, author of Landlording on Autopilot).

I saw the tax return I/E report owner sent me.. the income on tax return seems to be much lower than the report sheet he given me...the broker stated sometimes there is cash rent transaction between tenant and landlord that not showed up in tax return...how can I vertified this?

Hello all,I'm looking to buy some land at a tax deed auction in Northern California. 1.

This is usually acceptable as the existing leases (as well as landlord/tenant laws) take precedent over an FHA rider.  

The landlord is a good friend of mine and is willing to sell it to me with a huge discount.

The rental application has an area where the prospective tenant signs that authorizes any previous or current employer or landlord to answer questions about the applicant.  

@Andrew ElmasriBelow market rents - get the rent roll from the broker/seller and compare it to rentometer.com and your study of the market rent for that property and locationOvergrown or not maintained landscaping - easy to spotDeferred maintenance on the exterior facade - easy to spotNo online presence or marketing (word of mouth or signage only) - google search for the property...see if vacant (or not vacant) units are marketed (usually on hotpads, trulia, zillow, web site, and many other sites where landlords market.  

As a landlord I fully appreciate the boards position, regardless of discrimination, because I know the wrong tenant simply will not work.

Im here looking for advice on being a more successful landlord, information on flipping properties, and right now specifically tax lien purchases and back tax properties.