I'd tell them the lease states they pay utilities and if they aren't happy with the situation, then they are welcome to give notice now and move out at the end of Feb with no penalty.going forward, include how the utilities are divided in the lease (eg 4 people living there, each pays 1/4 of the utilities).

Has anyone ever dealt with a situation like this?

The good news is: I'm officially finished with the renovation as of this weekend, and will be able to list it mid-term and hopefully get to a BEAF (Break Even Appreciation Focus) type situation over the next few months. 

Subto’s are getting called by the banks much more often these days because the banks will make much more money on a higher interest loan.

Hello everyone, I would like to ask you for advice about this puzzling situation.

It may not be here tomorrow, and taxes won't matter then.That said, if you're trying to estimate your future tax benefits, keep in mind these things:- depreciation is only applicable to rentals- depreciation starts when you place the property "in service," not when you buy it- depreciation increases your deductions and consequently your tax losses, but you may or may not be able to benefit from these losses, depending on your overall tax situation- if you do have room for additional depreciation, you may be able to amplify it with cost segregation (a separate topic) 

The warranty company takes its time accessing the situation, and then they tell you there is a deductible; they only cover so much that you need to use their preferred company, which will take three weeks.

I'd rather not ask my parents or family members to co-sign eitherSo the question is what would you do and recommend in my situation

Haha this is why this situation is so confusing - many people with differing interpretations!

Most hard money works like this Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.