Aloha,If you are not named in the tenant lease, you are not a party to it, and have zero authority to change it.

The authors believe this same rationale can apply to the Section 121 gain exclusion rules.Caution: If gain from the sale of the residence to the controlled entity exceeds the maximum Section 121 exclusion, the excess is taxable as ordinary income (rather than capital gain), since the controlled entity (related-party) purchaser will depreciate the property.Also, the S-Corp need to be funded to have minimum about of down payment required.

I like to work with operators that have a recent and lengthy history successfully performing the business plan that I plan to invest in.

My second, and larger problem is thee should be no way they are authorized to spend $5,000 of your money without your prior approval.

LOLthis led my dad to getting 10 to 15 leads a week and becoming Number 1 salesmen.then his own company and well the rest is history.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

If that is not possible, the spouse may have to gain a conservatorship from the courts to assume authority to act on her husband's behalf if he is deemed incapacitated/unfit to make his own decisions. 

Self-employment needs 2 year's history, but if the car payments are part of a business, you may be able to exclude these payments from your DTI ratios (the expense would probably have already been hit against your gross income, no reason to hit you twice). i'd have to look into it, but... are those car payments made out of a business bank account?

If they refuse to be responsible, I forward to them a notice that I will forward a damage report to the Housing Authority within 5 days if arrangements aren't made to rectify the situation.