:) Yes the last thing Amit needs is a lawsuit!

A positive cash flow indicates the property generates more income than expenses, while a negative cash flow means the property operates at a loss.

It might seem a little stupid until it actually works.If you can, try to find a single family or duplex that you'll both be able to move into at the same time so you'll just need to find roommates for last year. 

The renovation took place from late last year into this year.

Laura Young was my funding officer, and I settled the $4000 security deposit in January and received a credit back at closing in the last week of February.

It's been +6 years since I bought my last rental.

Could be partly due to my financial situation, but definitely due to my built up Passive Allowed Losses (PAL). 

Can I claim the losses as active against W2 income?

Why do I say this, the last course of his 'Your Deals, My Dollars', he states he has thousands of investors eager for their 'next deal'.

If you want, I'd love to schedule a call with you to go over the app I use to do background checks, as well as house rules that I've created for my house hack in the last year and a half.