You're asking for the bank for a "freebie" at their expense, which is really at everybody else's expense because the banks make up for their losses by raising fees and interest rates.Is your parent's home large enough so that they can rent out a room to somebody?

Purchase at high LTV with realistic expense estimates will project initial negative cash flow if purchased at retail (off the MLS).  

Does it cash-flow when you factor in expenses to hold as a LTR, MTR, or STR?  

We use another bank for general expenses.

Unexpected expenses can impact your overall return on investment.Market Timing: Flipping relies on selling at a higher price than your total investment.

what are the numbers on the townhouse - projected rent and all expenses? 

Make sure you find someone who is well versed in depreciation and 179 expense and also think about the timing of when you pay property tax deductions. 

To sue is the only option, that gets expensive and takes months...Spoke with our attorney this morning and sent him everything.

With tax season upon us I wanted to hear your opinion on the best accounting software out there.Like many of you, I've been juggling various aspects of property management, from tracking expenses and managing leases to preparing for tax season.

My plan right now is to stay at home for a year after college and save as close to 100% of my salary as I can (parents are happy to cover a lot of my expenses).