HAPPY NEW YEAR GUYS.I submitted the numbers to a financial group out of Ohio, they got back to me within 36 hrs.

I'm hard pressed to find potential renters who don't have major financial blemishes, let alone criminal records to boot.

Cash based tenant pool - All the multi-family properties I've seen in Las Vegas rent in the $400/Mo. to $650/Mo. range and the tenant pool in this range live cash based lives and have no "financial history".

I already have my financials through the BP flip calculator.

That said, even if not on your credit report, the payments would come up on your bank statements, tax returns, personal financial statement, etc.  

Where do you find a property’s income/expenses? Can you see them on estate agents sites?

I can’t find them, but I want to start practicing doing cash flow calculations.

Sorry if this is a basic question! I’m a beg...

If the relationship is serious I would think before purchasing a multi family you would of discussed it with him.Anyways now that you own it the best financial decision would be for the both of you to just commute farther than you would prefer to and live in one of the units as you had planned to.

If the owner can hold the paper for a while, it helps her family get the business financials in order and gives them time to build credit.

It does slow a job down, but it protects you financially.

Including a brand new $50,000 roof in 2017Current property taxes $4,377/yearOwner pays water & sewerAs this was a complete renovation there are no historical financials