The income includes things like late fees, a rented garage, and utilities that are billed back to the tenant. 

Rentredi seems to do it all but the reviews for it say there are a lot of bugs and a lot of hidden fees.

Beyond that, sending upfront fees to a lender is not okay.

We have also negotiated attractive loan structures with many lenders including reduced fees for our community, free refinancing, lower rates, unique portfolio options, etc.

Yes, we will have a loss for 2024.Then it should be easy enough to have your attorney just change it and pay any required taxes/fees.

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

I was delighted with their service and be happy to do a introduction for you to my contact manager (I am not associated with the company nor do I receive a referral fee).No business cards but line of credit yes.Revolving LOC? 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

It may be worth having an experienced professional helping you and you could always try to get the seller to pay your agent’s fees.

You can not depend on syndicators these days to underwrite correctly since they seem to be more focused on growing large mailing list and collecting huge upfront fees for closing deals.