Hello,I want to confirm a court case that came back on an applicant's background check. 

Of course, cashflow is after mortgage payment (interest and principal) vacancy, insurance, condo fees (if applicable) city taxes, utilities (if not paid by tenants) maintenance/repairs and capex

When we purchase the property we will be renovating all of the units 100% so new applicances, kitchen, windows, doors, cabinets, bathrooms and balconies.

If you do that, make sure to tape up protection on the walls, etc so sparks and flying metal dust don't damage your tub/walls.

., capital versus ordinary gain/loss) are reported on the applicable forms (e.g., Schedule E or D, or Form 4797).

This is refundable to them provided that their pets do not provide cause any damage to my home.2) I only allow one pet and I require them to upload a photo of their pet at the time of their rental application to protect against any changes.3) This one isn't necessarily a guideline, but a practice I implemented: I have tenant-proof AND pet-proof materials in my rental such as luxury vinyl flooring, quality tile, and furnishings that can withstand pet accidents.I am also considering charging pet rent, but it is a mere thought at this point.

It is a townhouse by the way and I know some people don't recommend rent-to-own's on these.I've had around 15 calls and emails, some which are looking for rentals, some which are section 8, and some which are delirious. 3 showings thus far but no applications yet.

(B) (1) WHEN A LOCAL AGENCY THAT HAS NOT ADOPTED AN ORDINANCE GOVERNING ACCESSORY DWELLING UNITS IN ACCORDANCE WITH SUBDIVISION (A) RECEIVES ITS FIRST APPLICATION ON OR AFTER JULY 1, 1983, FOR A PERMIT PURSUANT TO THIS SUBDIVISION, THE LOCAL AGENCY SHALL ACCEPT THE APPLICATION AND APPROVE OR DISAPPROVE THE APPLICATION MINISTERIALLY WITHOUT DISCRETIONARY REVIEW PURSUANT TO THIS SUBDIVISION UNLESS IT ADOPTS AN ORDINANCE IN ACCORDANCE WITH SUBDIVISION (A) WITHIN 120 DAYS AFTER RECEIVING THE APPLICATION.

Interesting item to point out as well is I put out a tape with some low balance assets and have received only a few bids.

I would also plan on a new furnace and (if applicable) air conditioner.As far as interior condition - I would not be surprised if copper pipes and electric wire have been stripped from the interior.