Plan to bring more cash to close, renegotiate price, or ask the seller to finance the portion between appraisal and price. 2.

If it was rented from Dec 2016 until sold your portion of the gain related to depreciation may still be taxable. 

This is essentially the same coverage you have, but you pay the entire portion; your portion and what your employer was paying.

You need to start by washing everything (walls, ceilings, cabinets, doors, lights, etc with a generous portion of tsp (trisodium phosphate - available at your hardware store).

Hi Tyler,Yes, having the correct agent is vital to the success of a RE buyer.  

This is essentially a refinance where I can return a portion of the investors initial capital back without having to pay a prepayment penalty.

@Tyler Barker I think its as simple as putting any money into real estate. i started calling myself an investor after i finished my first duplex and rented it out but during the process i kept alluding to saying it was like a hobby. my career as a whole is in real estate but the actual investment portion of it is only a percentage of my income but i do consider myself an investor because i put time and money into real estate whether its a buy and hold, flip, or partnership investment. when someone tells me theyre a real estate investor though, my mind automatically goes to landlord or flipper.

You will still have a taxable portion from depreciation taken over the last few years . 

They have a modification in place...the only thing due right now are the payments on the $240K portion -- the latter second is due in 15 yrs as a balloon...... they lender deferred that portion -- PITI on the 240K is $1650. so yes, right now total they owe 409 -- house, fixed up is worth 440 -- they are 25k in arrears  -- no go right? 

Same result either way: interest portion is deductible.