I've started seeing this tenant co-pay for repairs thing.

A good title search, not the kind you get from a REO title co., should Definitely have done a “city lien search” which would be a specific inquiry to the city/county Specifically for unrecorded issues like this.

Thank @Brian Adzadi, @Michael Plaks, @Natalie Kolodij and @Amy BethI guess i was confused in the sense that if I pay and I get reimbursed from the tenants, its a wash until tax time when that income is now taxed at the appropriate level.

The other thing to consider is the level of assesment..

Also won’t drop as much as you think, as most people are limited by their DP, not the level of debt they can service.  

Only the top 20% of all agents are meeting or exceeding that income level.

Hi everyone,

I have a question which I would appreciate some input on. I've been studying real estate for awhile now and am getting close to being ready for my first deal. (House-hack)

The main reason I'm getting in...

I am no where near the level of @Bob Malecki, but I have never seen any of the assets I've purchased either.

The art of trusting your instincts and applying it to the level of detail you deem appropriate to protect yourself and your investment. 

After we found that out, I couldn't move forward with using my brokers account to manage my properties because of the co-mingling of funds.