As strange as it was, I received an unsigned letter from her 10 minutes later, which she forwarded from him with a listing of the wrong landlord's name, a bad phone number, and an e-mail address to a utility company.The moral of the story is to review everything your real estate agent sends you.

Using a property management system (PMS) enables you to bring automation to all major areas of Airbnb rental operation (cleaning coordination, guest communication, digital self-check-in, review requests, pricing, upsells, and finances)The bottom line a busy physician with a fairly high W2  can pass material participation tests (100 hrs AND more than anybody else), claim tax losses from his or her STR business and save 6 figures in taxes without working full-time in real estate. 

@Angel Alicea- should be fine ....get pre approved asap ...if already pre approved - ask your lender these questions :)   good luck

I highly recommend that you tune in to the BiggerPockets Podcast and connect with the local lenders and brokers.

Hi Layne,Any lender who does FHA or conventional should be able to talk you through this and it is a very common situation.

In order to accept you as a TIC there must have been some relationship with the lender that allows them to carve out that % interest. 

Hello, I'm looking to go to lenders sometime soon to get pre-approved for an FHA but I have lots of questions whether or not I meet the qualifications especially with the price of duplexes in Pensacola, FL.

Forced Apperception (BRRRR or buying at a discount) allows you to build in equity from the beginning of the investment.You will likely want to purchase through a hard money lender.

Of course, with private lenders, you will need to give up equity or a return on the debt.

You may seek advice from lenders and brokers, most will be able to recommend one.