Per the seller's addendum (seller is a bank), I can get out of the contract in the event an inspection finds 'material deficiencies' if I provide seller written notification along with inspection reports.

You can also hire a GC as a project manager to do this coordinating for you, he/she is gonna want to see 12 -14% of project revenue as pay.You can find Cost vs Value reports in Remodeler Magazine.

The notice of option will show up on a title report and "cloud" title.Also make sure that your lease option term is always longer than the term you contract with your sublessee/optionee...if they don't exercise you don't want to have your term expire with no end buyer.

Quick question -If an investment property (in this case a fourplex) is purchased by an LLC consisting of 3 people and one of those people lives in one of the units for two years, can the LLC then avoid paying capital gains tax upon sale since one of the agents of the LLC has satisfied the 2 year primary residence requirement by the IRS?

Operating expenses consist of many things, one of the biggest being taxes.

Soon, my tenants will be able to report problems online and pay their rent.

The three credit bureaus make their money by selling credit scores, not by removing items off your report.

When I do, I'll give you a report.

In China, the people never report income tax, even if so, the tax rate is not as high as in USA.

Example, borrower's middle FICO is 686 with absolutely no lates, has 8 mortgages on his report - this would be 9th, owned subject property for 12 months, full doc, no cash out just rate and term, LTV is 48%.