Even if you had a dozen mid term rentals in a cash flow market (which would probably be $2-3M of property), you're probably only going to net $4-5k/month hoping to avoid the big capex expense like a roof or furnace.

Dozens of potential situations, and the IRS does not normally ask.A property was claimed as a rental one year, then not, then claimed again.

What I do with my A class is just wait until i have a 700 plus fico and then I have never had a issue with rent collection ever basically.. but I suspect if there is a divorce or death that could happen.All these folks buying for cash flow only and getting stuck in the D and C areas i dont think they actually comprehend that assessment is WHAT is going to happen not what MIGHT happen..

Proper HOA Reserve Funding will determine whether or not your fees make a dramatic increase or a Special Assessment is levied in the near future, both of which will immediately, and negatively, affect your investment planning.

At this point I need assistance and advice for the up-front (call it "back of the napkin") assessment to determine if it's worth moving forward on.

For each property you list, you'll attract about a dozen investors on average.

Transfer of Leases and Tenant Information•Review the existing leases to ensure compliance with local laws and assess any terms that may need to be adjusted.

Check to see if appealing your tax assessments would be worthwhile.

I would lend on a property after the deed has been issued and the borrower has had a chance to walk the property and assess value and potential and I've had a chance to assess the deal.If you find a professional lender willing to do this, let me know. 

A leak causing water to flow under the sub-floor and into the crawlspace can lead to significant structural issues if not addressed promptly, and you’d likely need a plumber and possibly a contractor to assess and fix the damage.