Hey Ryan, If you have rental history of 24months for this property ( 2 years of Schedule E) you can add your depreciation back in, and this should count as gross income.

In FCI's case they are also a servicer so I would look for notes where they have the pay history and you can easily see it via that button.

Especially since I'm investing in KC from out of state, I prefer properties near very good schools (like in Blue Springs), which should keep my house values stable if not appreciate slightly more than ones in less desirable neighborhoods.

She lived at school her first semester last year, but was paying $400 monthly for a shared apt with messy roommates.  

If you have kids, you want to consider school system. 

I owned 3 duplexes across from Zeiger elementary (owned them while they were building the school, cutting down trees and raising the water table so our furnaces under the buildings burned out!) 

Credit history is evaluated as well.  

You will generally see this one REO's where they have no history of the property and aren't going to do the research to find out. 

I train in wholesaling but also lease options and subject to and wraparound mortgages Virginia is pretty strict and having a real estate license really does help youI would start a marketing campaign toward houses with good school districts in medium priced housesI like expired listings because they want to sell I would knock on their door and give a free report and then follow upMost expired listings are overpriced because They don't have a lot of equityInstead of an assignment I use an option release because in many states assignments are frowned uponSo here are the steps-Contact the expired listing seller-Show the cost is sell by listing with an agent-Compare that with lease to own in getting your sales price without a sales commission down the roadYou can either act as a principal in the transaction by creating a lease and option with your LLC or sign a listing agreement and charge a fee to facilitate the lease to ownIf you're acting as a principal, you take your option and place a memorandum of option against the property at county recordsOnce you have the house under contract you market for tenant buyers in that area that have 3 to 5% downEither the tenant buyer or the seller or both will pay your option release feeP.m. me if I can help youBest wishesBrian

Purchase a nice SFH nearby work and the kids school.