Show rental income history vs expenses taxes etc and cost to purchase what type of return.

First and foremost, you need to assess your current tenant, his or her history with you and whether you want to continue the business relationship.

This rule of thumb ((75% * rent) - PITI) is only applied to new properties without a history.

You can search the history of the owner & proeperty and have a general prediction of the future outcome.After one year & 1day of the sale, you can file for foreclosing of the lien.

Lots of history there.

Wish I could tag everyone on here who's learned something from you over the years so they could chime in as well.This is history mate lolI introduced Jay to Bigger Pockets heheI should charge in Crypto donations heheJay has been a great mentor to me for 7 years nowHe is also one the most ethical people you will ever meetThanks

As to reputation, here is why my reputation was not at risk:Basically, it's experience and my education along with a long history of honorable dealings, I'm not new.

I've been licensed for 2.5 years - 3 years and currently manage about 100 properties.My family has history with real estate and construction so I've always had exposure to the business.

Well here's the thing.Dodd Frank has no history in the courts so it's all up to the interpretation of the judges.To be perfectly safe if you use the RMLO when doing any kind of owner occupant seller financing even a regular lease option, you will protect both yourself and the seller.Contact @Terry Lewis a RMLO.

After doing research on some of the vacant properties I've found, I checked the property tax history for them and see that someone has already purchased the 1 yr tax lien certificate on these properties.