We will delay signing until we get a inspection report that says all is good or the damage has been repaired.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hey there Biggerpockets, I am a new investor and am looking to purchase my first property, a multifamily unit.

I don't make phone calls to let people know that there's nothing to report. 

I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes.  

@Frank GrecoWhile Florida does not have a state income tax; New Jersey(which I assume is where you live) does have an income tax.As a NJ resident; you are required to report worldwide income which would include the income from rentals located in FL.Having an FL LLC or a NJ LLC that registers in Florida will not change the above scenario.The good thing is that rentals often report a tax loss as a result of depreciation; but this is something to consider when you run out of depreciation and mortgage interest which may put you in the taxable income territory.

Freddie Mac allows the lender to use the amount on the credit report provided that amount is greater than zero if it's zero then the lender must use .5% of the current balance. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.This is my first post on BP regarding deal analysis, so any inputs will be really valuable.

It's also achievable sometimes right by the Newport News shipyard but I would shoot for the historic area near Huntington.

If they chose to ignore the request can I either take them to small claims court or report it on their credit4.