Conditions were that if they backed out of the lease, they'd forfeit a $200 cancellation fee and should move-in day come and I still don't have the unit rented, they pay a pro-rated daily fee for lost rent.

Real Estate app that I look SURF almost daily and I spotted a house that I was interested in.

Good plan, but a couple of issues...Yes, you would have to find a distressed/really food deal to refi out most of your capital since your refi will be at a 75%.It is not realistic to expect the real cash flow from 4 units, financed at 76% ltv, to cover even the PITI on a 2,500 sf house.

They tested for a commode leak with green food coloring.

It is a personal expense, just like your food expense. 2) Repairs made on the duplex are deductible against the rental income.Improvements:1) Improvements made on the personal side are added to the basis of the property, but you cannot depreciate the personal side of the property until you move out.

They only used touch up paint of nail holes they have patched, but even the color of the paint was off.We had to clean the stove as well as they were food particles on it.

I want to see a record of communication with the tenant's bank's Branch Manager showing they are working to reverse the charge, or explaining why they can't reverse the charge, and I would want DAILY updates.

Reusable, interest calculated on the daily balance (not amortized and not paying anything if you don't have a balance).

I recommend a camera system with a motion detector food light and if the situation calls for it, perhaps some temporary construction fencing to help reduce the invitation in.

Charge the most for daily rentals, the 2nd most for weekly rentals, and your current rate for monthly.