His Son went off to college so he went and bought a house that his son lived in and leased out the spare rooms to cover the mortgage.

Lease Option/Purchase is a great strategy to buy and sell houses.Just make sure that they are two separate documents and you cover your base with good contracts.You can read more about Pros and Cons on my website.If you want any help, do not hesitate to contact me.

I would advise to get an equity partner and get the loan that will cover all needs. 

I told him I was going to send him a copy of the invoice from the person that did the work and the pictures before he moved in and pictures of how he left the property.Any advice?

I told him I was going to send him a copy of the invoice from the person that did the work and the pictures before he moved in and pictures of how he left he property.Any advice?

In Brandon Turner’s “The Book On Rental Property Investing” he covers five tips to get your spouse on board.

Then the lender has to make sure you have enough income to cover the debt, which is the issue you’ll come into since it’s inconsistent 

That is why we suggest people to  make sure you manage them cash flow to cover taxes on your current year sale.

Allowing pets will put you ahead of other rentals and yes, you can charge more per month and have a pet deposit which should cover any expenses occurred by the tenant. 

Im confused about what it is that the insurance will cover.