Then please share that information.

I would think since 60 days was the required to inform the Landlord, that would be "reasonable."

My question is what all types of information do I need to be considering and where are good sources to locate this information?

The layout and functionality of the home is going to have a larger impact on its rentability than forced air vs. wall heaters.Yes, make sure your lease is solid.  

That's very good information to think about. 

There is likely a misunderstanding with the information provided to the CPA, so being able to review the code will help provide clarity and a meeting of the minds.Interest on rentals is considered "business interest" and is fully deductible regardless of whether an entity is used.

Welcome, so much good information here, jump in and enjoy.

Ok lots of miss information on this post as this is a CA foreclosure  not a Judicial sale like FLA or other states.1. if the first goes to sale with that equity position any money bid past the opening bid by the first will go to the second automatically.. there is no law suit in CA trustee sales its power of sale.2. the second once the foreclosure occurs both liens are removed.... from the property the second though does have the right to then sue on the note for a deficiency.. ( however Extremely rare on the west coast but it does happen).. but that just goes to the borrower not the property.3. if its a purchase money first thats being foreclosed no deficiency judgement is allowed.. its not like Texas were you can foreclose and get a judgement.  

After agreeing on the purchase price with the homeowner (who lives out of the area), they put a counter in the offer that I couldn't get the name and information of the property management company until *after* escrow closes.

This site is packed with information and individuals with a wealth of information.