We encourage all members to file extensions for their personal tax returns, because we just don't know when each joint LLC will receive K1s.

The property cannot be valued in the traditional way, which is why I'm seeking a private lender who will value the property in a commercial-style method via the cap rate.Source of down payment funds: Implied equity (refi)Income Source: W2 for both my wife and IGross annual income (between the 2 of us): ~$300kMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: Student loans, rent, and what exists for this tiny house.FICO: 725Credit issues: noneThanks for reading this far!

I have never personally worked with him, but if you google Alex Rep with owlstays.com, he manages STRs.

If you're not learning/the conversation isn't flowing move around and meet someone new.You can find REIAs here and on Facebook. 

Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

An umbrella is usually a good idea but it's dependent on your personal situation. 

However, I applied to Furnishedfinder in person and listed the apartment as a sublease.

I know in the sense that you’re referring to this being your personal house with your personal belongings, but even potential renters are disrespectful of other peoples houses.If it’s muddy outside, don’t be shocked if they don’t walk around the outside first before going on the inside without taking off their shoes at the door. 

If you decide to move forward with them I highly suggest you alert them to the fact that you will be recording all phone conversations, and do just that.

That is good advice and will likely help me in the conversations I am having with the banks.I hear what your saying about the driveway being step one....that is a lesson learned and will be on my check list in the future.