Remember that your time is not tax deductible but the painter's time is; once you pay them it is an allowable expense.I would never let a tenant paint a  unit.

Just because he doesn't meet your standards doesn't mean he has to go.

I know some landlord report their home as home office to get partial deduction and depreciation of their primary residency.

VA owner occupy on the nice one, conv on the other, simultaneous closings, boom.EDIT: I suggest VA on the nice one b/c VA has higher property standards.

ALL the people calling so far do NOT meet the minimum income standards, which is clearly on the rental ad, but they keep wasting their time (and mine of course).

Pretty standard language in every lease I've read.

@CJ WallaceI don't think this issue really has to do with Legal Zoom as a company, but you need to remember that they have one standard set of forms that they use for all businesses.

@shanel, To protect yourself as a tenant buyer, I would first go down to a mortgage loan originator with a 1003 application which is a standard federal mortgage application, and ask him her how does my credit,  income history, FICO, debt to  earnings look to you?

I dunno.Since there is no uniform standard, your mileage may vary.

You'll of course need to have some cash reserves, but that's pretty standard.