There are some things only tenants know but can drastically affect the property value such as parking issues or maybe large pools of water that collect in the yard when it rains.

I suspect that many of the poor and criminally poor may consider themselves somewhat insignificant in the big picture as they do not realize that each decision they make is like a pebble thrown in the water, causing ripple effects that take a while to reach the shore.

Same as a water bill.

I WOULD qualify, if they counted the $25,000-30,000 rental income the house produces, but I have heard from two companies they will not count rental income for owner occupant loans.Is this standard Fannie regulation?

contractor for 15 years do the roof first that the area most water can come in and you want to stop it as soon as possible ,logic it rains from the sky so the top of the house will be the first to close up, window next but if there not some standard windows that take a few weeks to come in move to sidding use cheap ply or osb to cover into the windows come , time is money and you want to stop water before you put any finish items in.

Funny how the tenant that "always pays early" tells you last landlord was great because he worked with her a few days here and there.or"I didn't say anything during teh inspection but the sink squirts water when the dishwasher is running, most goes in the sink, but some under and here is the vinyl that the prior landlord put over the water damage.But all in all everything in great condition minor repairs necessary and a good group of long term tenants.Thanks for all the advice.

Tile is scary because water can seep through the grout cracks and ruin the subfloor.

In CT, they would consider this practicing real estate without a license, and you could find yourselves in hot water.

You can use a standard local Realtor contract.

Monthly outgo: $840 PITI + $110 Property Management + $50 water billMonthly income: $1000Mortgage remaining: $99,900Tax assessed value: $115,000I am feeling terrible about having to rent it out due to the break-even cash flow + the uncertainty of big expenditures.