Record keeping not up to date, unpaid bills, phone calls not returned.

And when it is lower it is usually for experienced investors with a long track record.

If a lender looks at your tax returns to determine past rental performance, then it all depends upon how your CPA recorded your maintenance expenses and utility expenses.

Regarding your GF's grandmother's home, you should consider setting up a recorded legal agreement with an attorney in the matter that benefits everyone that is part of the deal.

I am working with seller realtor to get historical property performance records. 

Check your O&E report or online assessor records to make sure they match up.Some descriptions are the metes and bounds type, which it sounds like is a particular requirement for the county that Chris was looking into.

Can show PNL from self storage (record year of course) and cash flow from all investments (also record year).

Can show PNL from self storage (record year of course) and cash flow from all investments (also record year).

To be clear, I’m not afraid of IRS as all of my records are straight, but I’m not a fan of Apts.com using this strategy, so I will start looking for alternatives.

Add points and make her pay all the title, escrow, closing, recording fees.