I use Expensify to track my expenses and the app allows you to snap a photo, categorize, and label expenses and then you can just send your accountant (or yourself) an expense report at the end of the year.

If he fudged on income, make him a lower offer based on what he reported:)You might not believe this, but people lie in this business!

It's completely normal for a title company about to issue a title insurance policy to discover something during their due diligence, that you didn't see when you pulled a title report for the exact same property from the exact same title company. 

Prepare a loan agreement and report the interest that the C Corp will receive from the LLC. 

Community banks typically require the deals they fund be a 1 hr drive from the bank unless you have a lot of $$ parked at some more distant bank.  

What's the typically management fee and are there professional management cos in the area? 

What's the typically management fee and are there professional management cos in the area? 

Minh and I fall in the camp that believes that although making investments in bay area and making sense out of those is hard but once you figure that out - the results are much superior than any other typically available options.   

Typical premium rates for high wildfire risk areas are double compared to normal.

The key is that 2 year work history that you'll need to establish.In certain circumstances you can use the income before you even receive your first paystub (certain relocation and job change scenarios), however typically you'll need to receive atleast 1 paystub to use it.If you have had no work within the last 12 months preceeding this new job then you may need to be on this job for a min of 6 months before you can close on this new loan which would hamper your plans to close within 45 days on this duplex.Then again scenario #3 if you have the credit and the down payment and the property cash flows from conventional underwriting perspective and you have "no credit card debts," on your credit report then you may be able to qualify any way since your debt to income or DTI will be 0% (property cash flows) no debt outstanding to qualify for as the duplex will be adding income to your scenario.I've had an underwriter okay scenario #3 above but have never funded a deal like.