My Question is, is this common for Conventional financing lenders to not use apartment building leases as income until our taxes are filed the next year?

So if one investor was selling a property for $100K and the other was selling a property for $200K they would need to purchase a property for at least $300K and investor A would need to take title as a tenant in common to 1/3rd of the property while investor B would take title to $2/3rds of the property as tenants in common.Once the 1031s have completed and cleared the two investors could continue as tenants in common and when they sell they could stay together or separate again. 

Thank you for your service and I look forward to utilizing your expertise!

Stabilized is usually when all repairs are done and it is almost full minus market vacancy averages.8925 X 12 =107,100 a yearIn fully stabilized older buildings operating costs ( vacancy, management, ongoing repairs, taxes, insurance,etc.) tend to be close to 50% if tenant pays utilities.

I’m looking to expand my rental portfolio by utilizing the brrrr strategy.

Yes, this is true, a requirement from FHA which insured the loan, quite common.

What I look for are first number units also if the Utilities are separated.

Feel free to PM me with any questions.One strategy I used to find a Property Manager that really met my needs is to utilize a different PM with each new property as I acquired it. 

Is it common to proceed UD with the nonsense repairs ( outstanding repairs) the tenant’s claiming, surely everyone has common sense sees what’s going on?

I was wondering if others commonly request the seller / landlord's tax returns when buy a rental property. if so what is the common practice for this. would it have to go through an attorney to scrub the personal info?