Generally - seasoning concerns are at the very most 12 months - if bought over a year ago, nothing to really worry about with any lender re: seasoning

I'm new to land-lording as well as not having experience running an Airbnb but I've had my fair share of stays in them.

Purchase price: $370,000 Cash invested: $2,500 I'm thrilled to share that I recently purchased a multi-family property with a down payment of just $2,500, thanks to an FHA loan, alongside a generous $17,500 grant from Rhode Island.

You'll simply pay the tax on it's share of profit.   

Suspended passive losses won't be realized till all properties sold. that's not a concern for lots of buy and hold landlords, I guess. paper loss year after year is common. 

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Another appealing aspect of this property is that it includes a house currently occupied by an older couple.One major issue is that the house and the neighboring property share a well.

However I have a pre-screening rule of having major concerns such as bankruptcies, bad credit, crimes against people etc.. 

Costin:Regarding the Quitclaim concern.

Question: Can you just put the money together and have them share the first mortgage?