If you want more detail, PM me or follow the link below and I’d be happy to explain.This is the Buying Side: First, I look for “don’t wanters’ that are Not on the MLS.

Hello, I am just starting out and have my first property renting out bring back around $900 a month while no maintenance or other issues arise.

@Shafi Noss are saying a new lien can slip in between auction and issuing sheriff's deed? 

The only other tax issue not covered is how long you need to hold an asset before selling it to have the profit considered capital gains versus ordinary income.Check with a tax professional on all this.

So you click a link to a profile and from there you find some nice looking websites, before you know it you're thinking of sending $50,000 or even $100,000 to someone you've never met except over the Internet. 

@Ran Fridman the main issue most owners run into early on is that whatever tool they are using for accounting isn't robust enough for tax time.

Link Below:Fear-and-Greed-Index_Chartbook_2024-02 (2).pdf (dropbox.com)

Are there any issues that are complete no-go's?

Seems fishy as email doesn’t match website (which is a .online) site and no pictures of principles (who have linked in accounts)

The issue is, based on her credit report and other known info, I added all the expenses: (car payment $722, debt obligation/month $1900, rent, renters insurance, utilities, estimated grocery, living necessities, her total **essential** expenses would be at least $800 greater than her net income.