Hi @Tchaka Owen~ You may be right. 

At the time of construction the town sewer hadn't been extended to the neighborhood the property is found but now has one right in front of it.

Yes, sounds like your CPA is on the right track with prorating expenses for rental use and the personal use based on the number of days used for each purpose. 

Apparently I'm not searching for the right thing.I'm aware banks won't recognize the value of the rental income because there is no lease, so my target buyer would be an investor or investment firm looking to pay cash.

I don't know anyone right now looking for partners.

In general Jay is right.

The sales price is contingent on the property appraising for the agreed-upon value in that given timeframe.The goal of subject to, for the buyer is to take advantage of your low interest rate, maximize profits to pocket as much cash flow as possible, and then, however, in many years be able to cash out refinance and pay your mortgage off in a lump sum to acquire full rights of the property.

Everyone seems to talk about including the costs of the new mortgage, taxes, insurance, maintenance & capital reserves, and the vacancy projections when looking at realistic cashflow, which we already do for all the properties in our rental portfolio.But we, like many, cant find properties that are making any cashflow sense right now.

At the moment, damages were relatively light to the property, and I do have a security deposit that I can use For those and to also apply what’s left over for missing rents.

Hello Johnathan,Long distance investing can seem quite challenging at first, but getting the right team in place is key!