There is a city ordinance limiting unrelated occupants to 3 per unit.

@Ken Nyczaj The postal site information on the CRRT is limited.

Typical items to include in a partnership agreement include1) How income, losses will be allocated to each partner2) What would happen after the result of an unforeseen event(ex. death of a partner)3) how/when the partnership will disolve4) Who will manage the partnership5)etcOnce you have the partnership set up - the partnership will not be eligible for conventional financing.

If there are a lot of tenants searching for rentals that allow pets, it is best to cater to them with whatever limitations seem fair (pet age, breed restrictions, size, etc). 

Hello,I have 6 investment properties overall and am having difficulty obtaining a-line of credit on one of them because of the banks’ limit on how many rental properties you can have to lend to you.

The condition of homes newer than 1978 will determine if they still qualify for financing, plus many lenders will have their own 'risk overlays' in addition such as they may require the home be even newer than 1978, some limit them to 15 or 20 years old. 

Homes are stupid overpriced and you may take a loss if you're not prepared. 

Not sure how you can have a positive gross profit but a negative net income.This table though illustrates to me what many in the business already know....the discount brokerages that operate at a loss are simply not running a sustainable business model. 

If it's any consolation, the benefits of expensing vs depreciating are only meaningful to those whose loss real estate tax write-offs aren't restricted by the passive loss limitations.

This is just a guess, might help if you had the balance sheet numbers to see if and what extent this is financed by debt in addition to the General and Limited partner capital contributions.