That is a tremendous deal. 

However, MFR's in Boston have been escalating in price like crazy. 

I’m not affiliated with the Real Estate Guys organization, I just enjoy their events and I have benefited tremendously from the education and network.1.Engage with people emotionally to get them to open up intellectuallyA potential investor might tell you “I’m looking for at least 10% cash on cash return and 18% IRR.”

I won’t have a solid income and that worries me tremendously in case I do have vacancies.

Our offer escalated well over list,....and if offers are escalating it should be under contract in a couple days, not weeks.

There are a tremendous amount of jobs in the ny metro area that can't be replicated elsewhere.

Will be buying my 3rd owner-occupied financed property with 5% down around July.The first place has appreciated tremendously in one year of ownership. 

I need to report these funds and want to be able to provide the gentleman that does my taxes with a clear explanation as to how to do it, It would be a tremendous help if someone can provide me an answer. 

Escalate it to at least some type of supervisor.In terms of how you explain it to the Tenant, I would come at it from a relational perspective, and remind them that you submitted the claim as soon as they alerted you to the problem, and that if this were YOUR heat that were out, you would have to wait the same amount of time. 

I've developed a tremendous interest in real estate, thanks to BP, and I'm itching to get going.