Active investors will know how to get that info or at least give you typical numbers.

Add some color. 

These loans are tough to get and typically are lower leverage 30-50%.

Due to the tax consequences James mentioned (and so long as you're only doing so infrequently), it typically makes the most sense to hold for at least a year to at least hit the capital gains tax qualification.

They generally say they are foreclosed, or they are easy to spot, with typical language. 

His work is the type where they put excessive sub-woofers and flat screens all over show vehicles, turn a Suburban into a 2-seater with 9 feet of 47billion watts worth of subs, wrapped in flowing body-colored fiberglass with computer controlled LEDs, and make golf carts thump while they cruise car shows.

Need help with adjusted cost basis of this home when converted to rental in 2017 for filing 2017 taxes.With original purchase and subsequent refinances(4 total) there are typical closing costs, such as points, title, recording and other lender fees.I've being doing taxes myself for my personal and other rental properties I own.Here are my questions:1) in addition to title, recording, what other escrow, title or loan related expenses from the original purchase in 2004 can be added to the cost basis adjustment?

And the tenant should be listing the landlord as Additional Interest/Insured, and typically, you are then notified if the policy is dropped.

One question I have is does a seller financed sale typically require any kind of a down payment? 

There is no big concern with either. pumps will last for many years and will typically result in lower utility bills which is a plus for tenants.