This is standard IRS practice and means that when your management company receives money, it's considered as though you, the client, have received it, even though it hasn't been sent to you yet.

In my many years of experience, if a GC would even consider negotiating, that would be a huge RED FLAG.

Even if NNN, someone has to factor in and pay.8. 

Do you know that Flips take at least six months to fix up and sell and you are lucky to break even if anything delays the process as you have Monthly Costs that eat into any profit.

For example, I have been informed from a couple of banks that even though my current Airbnb totally offsets the mortgage, they will not take the income from the property towards the DTI calculations but rather take the gross income from the Taxes filed and consider the mortgage amount as an expense, which was hard to understand.

The entry-level Quickbooks Online software itself is expensive $250/yr... that's not even adding up potential books/courses, CPA fees or personal tax filing software like Turbo Tax.

Once your monthly rents increase $100/month, you should be breaking even.

There have been several high-cost damage issues and one where they are at fault and confessed to, resulting in thousands of dollars, that have put me in the hole to the point I won't make anything off of this year's lease.We live in Colorado and it's made it difficult to manage, even with paid professional services, so we are selling as soon as they can vacate.

So if they give us a Zillow screening, IT MIGHT count, but even that is unclear.

Even though, Actual Cash value will result in insuring a lower amount of coverage, partial losses are subject to the depreciation.