I would have to say if the daughter is willing to sue her own family over the matter I'd get that person out ASAP.Keep in mind, you could do a cash for keys situation.

As a matter of principal, I try to give my business to the smaller banks if possible.  

It doesn't matter that you'd do better financially if anxiety would eat you alive.

It's just a matter of doing it. 

Otherwise you are pretty much in a lease to own situation which gives you limited rights to the property no matter how  much money you put into it. 

And while you'd think it wouldn't matter whether they're doing cash out or rate/term as long as the LTV is under their guideline, the reality of it is that banks - especially banks that are going to be holding the note - deal in "layers of risk".And cash out refi paper/loans are considered and have been shown to be one of the more risky loans that banks will do in terms of investment property loans.

My point is, it doesn't matter what you call it, it pays to ask around and do your due diligence. 

All payments made by Tenant to Landlordafter the tenancy commences, no matter how designated by Tenant, will beapplied as follows: first, to any outstanding amounts due for damages/repairs,utilities etc.; second, to any outstanding service charges or fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent."  

Will LTV value on my rental property matter when i take a mortgage on my future house ?

I will take my comments back, all of them, if Ohio Cash Flow and Nathan are willing to admit that no house in the neighborhood that Loxley is in has sold for $90k and that insinuating that their property or any other in that neighborhood has a chance of hitting that lofty goal is remote to none.As a Realtor Nathan should be able to pull that house up and give a market analysis in a matter of seconds. tell me Nathan, honestly, what do the comps tell you that house on Loxley is worth.