. - I plan to get the balance on this account up to $8,000, which should take 10 months, barring any expensive internal repair or maintenance.

The last month they paid $50 short of full rent, begged more time, and then paid the balance a week before the end of the month.

So, the balance on the reverse mortgage is $100K more than what the house will bring on a sale.

I'd like to find the balance of not bothering people too much, and keeping up on what is going on with the condition of the unit.Having been a renter for my whole life, and knowing a LOT of people who rent, I've never experienced, and never heard of a landlord doing frequent, regular inspections.

In VA, there is a letter to have the tenant sign (forget the name of it), but basically states what you receive and that it doesnt affect the upcoming court date or satisfy the balance of what is owed, etc.

Because of this, our expectation was that we would be reimbursing the seller for prorated amount of property taxes from our point of purchase.However, when we reviewed the closing statement and the balance sheet, we realized that no where on the closing statement were we reimbursing the seller for prepaid property taxes for after we took possession. 

The way of this world.Its in Germany the same, only the Hypo Real Estate Bank is sponsored by the country here (with $25 billions).I don´t know your bank balance (and I do not want this), but I think you can open your own bank Rich with the right money.

I also have a fairly new tennant who is up to date on rent, and would like to pre pay for the balance of the year with their tax return.

Escrow then balances the file gets it ready to fund, overnights loan docs back to the lender.

Then went to the bank and wired them the balance at 10am.They are supposed to confirm receipt and get things executed.