ORGANIZATIONAL DOCUMENTS ON THE BORROWING ENTITY: They will need* Filed Articles of Organization* EIN Letter from the IRS* The fully-executed Operating Agreement for the Entity (By Laws for a Corporation)* Meeting Minutes Showing the Signer has the Authority to Sign and that the project has been approved by the board of the entity. * Certificate of Good Standing for the Entity DRIVER’S LICENSES FOR EACH GUARANTOR: Please be sure to get a legible picture of the front and back of the document.

For someone that pay $500 per month on electricity especially in the summer its definitely will save them money going solar and you also get a 30% solar tax credit. 

Or did you find out through escrow/title last minute?

They often have units with well over 1000 square feet and oftentimes 3-4 beds/2 baths per unit which is great for getting stronger rents.

They can easily book plenty airbnb for around $4000 per month. 

We did the real estate tour again 3 months ago but with the amount of cash we have, the home we want to build will be about $14k per month so I projected that it would lose money. 

So with this he would have his 29k plus another 15k from the cash flow  for a total of 44k  making him have around an 8.75% per year return on average for his money.   

If you are using an accounting software, it is impossible for the assets to not agree with the equity / liabilities.Did you factor in everything from the closing statement(such as pro-rated rent, closing costs, lender fees, etc)Did you use a PM company, if you did, did you factor in incorporating the PM Statements.Again, if you are using an accounting software, and factoring in all the transactions from your bank account / credit card, it should not be off.

Then I file a landlord complaint for possession. 9/10 they pay late, but they pay the rent along with the late fee by the middle/end of the month and then the cycle continues.

The rate is the same or slightly higher but comes with a $9K discount per house.