I  currently manage my properties through Avail.

No option but to sell to stop hemorrhaging...After selling can I deduct losses (including passive losses) against other capital gains or ordinary income by 3K?

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

@Chris Mayes Is that the current status of his companies?

@Kevin Sobilo I was using 25% income tax rate on stock returns  to get to around 9% .

He was paid in full for what was done, in fact he currently owes me money.

His current monthly Payment Breakdown:- Principal: $314.66- Interest (3.875% rate): $578.779- Escrow: $700.79-TOTAL monthly payment: $1,594.24Estimated rental income: $1.2k - $1.6k per month.Would love to somehow capitalize on the existing fixed rate, but at his current monthly payment and the estimated rent it doesn't seem like a great opportunity for cash flow.

If they use your credit and income docs to formulate an offer, you can ask for a pre-approval letter (if you want), or just analyze the pricing and ask for a pre-approval from the top 2 lenders.

We're currently looking at a SFH in a master plan community (MPC) in Crowley, TX and I'm hoping to get some thoughts on if it may be a good idea.

Lastly, I'm a current homeowner and have started to think about our next move.