Here there is no such thing as a "Debt to Income" ratio...because your income doesn't matter. 

Upon renewal, I would be willing to drop Person A and only have Person B on the lease (assuming Person B meets your income requirements).If Person C wants to move in, that person would need to go through your standard background check and both tenants would need to approve that person moving in. 

In the sense that trailers provide low-income people with the possibility to be self-sufficient and at least some asset ownership, I think he would favor them.

Those that invest for income do so for two reasons.

Hello, I was reading the book and was wondering if you can share the link to download the flow chart income/expense. 

Is he required to issue me a 1099 form for rental income for 2023 taxes?

A thorough screening process can include background and credit checks, employment and income verification, and rental history review, ensuring that you select tenants who are financially stable, trustworthy, and likely to uphold their lease agreements.

If so, the LLC could be a good route to go to separate the expenses and income from yourself, and treat it as a separate business.2.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Properties sold to Fundamental Partners for about 12% below foreclosure value.I wonder if 12% will be enough to weather the storm.I believe these are Fed Low Income Rent controlled, I wonder how much longer that will last (with no ability to raise the rents).There looks to be quite a bit of Physical Damage to some of the brick walls, and the Trash from the pics looks to be piling up to the clouds (Citation Level).I wonder what the occupancy level is, as there seems to be lot of mailbox doors swinging in the wind.Were these guys hand picked by the forecloser to take this over, or did it go to open bid with another lender underwriting a new loan?