For me its just important that they are honest about who is living in the unit, so that I can review everyone's background/eviction history as long as the one(s) signing the lease have a solid enough financial profile for me to have recourse in the event of nonpayment.Its similar to what I do for students - the parents sign as "guarantors" on the lease, ie they are guaranteeing the financial end, meaning the actual occupant just has to pass the background portion.

So even though the split was low, the minimum number of washes per month was so high that the landlord would certainly have their portion reduced.3.

What are some vital questions to ask cash buyers when building a relationship/ dealing with cash buyers?

Combine that with a hefty LIRR fee, and lack of commuter parking, and you get congetion issues which force owners to sell in Li and buy elsewhere, further away in the island, somewhere by riverhead or outright not in the island.Rents are high, which is a good thing, but I am not sure if it would be wise to throw a huge portion of the rental income on property tax, when it could go into your home.

Essentially, the portion of the property’s income considered UDFI is based on the percentage of rental income derived from debt.For example, Property A is purchased for $100,000.

@Aidan Mulligan - can you not just create a quick "contract" or agreement that states how the rent is split and shows that your portion of the rent is $700 per month? 

Ask to see the tenant’s ledgers so you can see if they pay their portions on-time, if they are being billed for damages, etc.  

We will use them only for the rehab portion of our projects and remove them (at least on the interior) after the Refinance portion of the BRRRR.:: Long Explanation ::We recently have been having issues with break-ins and are looking for a security system that will allow us to check in both on the progress of the contractors and the protection of our site.

@Evan McLeish, @Anthony Therrien-BernardAs with the variance of appetite of lenders for the maximum number of {residential} mortgages you hold, there is a range in the portion of rental income lenders will accredit to you.  

The properties usually come with a home and termite inspection from the seller so that does take a portion of the risk of the unknown out of it.