So even though the split was low, the minimum number of washes per month was so high that the landlord would certainly have their portion reduced.3.

What are some vital questions to ask cash buyers when building a relationship/ dealing with cash buyers?

Combine that with a hefty LIRR fee, and lack of commuter parking, and you get congetion issues which force owners to sell in Li and buy elsewhere, further away in the island, somewhere by riverhead or outright not in the island.Rents are high, which is a good thing, but I am not sure if it would be wise to throw a huge portion of the rental income on property tax, when it could go into your home.

Essentially, the portion of the property’s income considered UDFI is based on the percentage of rental income derived from debt.For example, Property A is purchased for $100,000.

@Aidan Mulligan - can you not just create a quick "contract" or agreement that states how the rent is split and shows that your portion of the rent is $700 per month? 

Ask to see the tenant’s ledgers so you can see if they pay their portions on-time, if they are being billed for damages, etc.  

We will use them only for the rehab portion of our projects and remove them (at least on the interior) after the Refinance portion of the BRRRR.:: Long Explanation ::We recently have been having issues with break-ins and are looking for a security system that will allow us to check in both on the progress of the contractors and the protection of our site.

@Evan McLeish, @Anthony Therrien-BernardAs with the variance of appetite of lenders for the maximum number of {residential} mortgages you hold, there is a range in the portion of rental income lenders will accredit to you.  

The properties usually come with a home and termite inspection from the seller so that does take a portion of the risk of the unknown out of it. 

I think along with the software and tools themselves, it is extremely important to have good customer service at all times - this is often forgotten in the digital age, so remembering that aspect is vital.