The accounting aspect is a an additional thought I hadn't heard before.I know some people have used this strategy in an attempt to avoid triggering a re-evaluation of property taxes.  

Prior to sheetrock and after final inspections, walk through the build out and make sure everything looks correct and there won't be any issues later.  

The realtor sent me videos prior to close when the tenants were still living there and at the time of closing he just confirmed via sent and claims that’s what he was told after the fact so he never when there to physically confirm it was vacant.  

In a bid to get people into these homes and paying property taxes, the state of Arizona rolled out a plan for active duty members that paid 22% down on any house in the state that had previously been lived in.

I would also make sure you perform a full background check on both of them prior to approving them.

I do the math to figure out these ratios for each applicant which is harder than you think sometimes with people working multiple gig type jobs with inconsistent income because then you also need their tax return to calculate factor their expenses in.

Check the LLC is legit and consult a tax advisor for tax details.

With many buyers tired of waiting on the sidelines for interest rates to drop, we've seen an uptick in activity in the first couple of months of 2024.Below is a recap of last month's market stats in comparison to the prior year regarding new listings, median sales price, days on market, pending sales and closed sales.New Listings for Detached Single Family HousesJan 2024 - 1,484 compared to 1,425 last January, up about 4.1%Feb 2024 - 1,345 compared to 1,334 last February, pretty much the same level of supply as last year.New Listings for Condos/TownhomesJan 2024 - 933 compared to 811 last January, up about 15%Feb 2024 - 851 compared to 735 last February, up about 15%Median Sales Price for Detached Single Family HousesJanuary 2024: $980,000 February 2024: $1,043,900 is the current median sales price last month for a house.

Thanks in advance. you think its high, but wait until you have to send escrow statements annually, tax forms, and oh by the way if its owner occupied and you are not sending CFPB monthly compliant statements to the borrower they can contest the loan and be forgiven any default interest. 

You have the cash or you have equity that will be converted to a HELOC, a retirement account that you will pull money out of and be subject to 10% penalties plus your tax rate?