The son is moving to a new city and my tenant simply asked if she could keep the son's dog for a few months while son was getting settled.If it were a small dog, we were inclined to accommodate her because she is a good tenant and will likely buy the house at some point - she has great credit and just needs to show enough self-employment income this year to qualify (IOW, take fewer business expenses and legal deductions).The picture is from the application.

Don't know about the legal/tax aspects of this but maybe others with more knowledge will help.

Also, the seller may be required to provide documentation of the cost of improvements to justify the increase in price.

Assuming you have a clause in your lease requiring the tenant to maintain adequate heat in the apartment (usually 50 degrees F), and that the lease also states she/he is responsible for any damages resulting from failure to do so, to collect reimbursement you still might need documentation showing that the pipe burst due to freezing, and that it wasn't an improperly soldered fitting that failed on the day she notified you.

It is not a legal living space, period.

Within the document, you can establish a "Chief Member" and describe the Members' necessary duties, as well as their compensation.

.$324,000 Total CostHolding Numbers:$2,100 Principle Interest Taxes Insurance$1,900 Rent from 4-bedroom SFH (with 7% vacancy this drops to $1,767)$1,300 Rent from myself in renovated 2-bedroom Carriage house$967 Profit with 7% vacancy on the 4-bedroom rentalThe garage could potentially rent for $300-800, but I'm not factoring it in because I'm not sure of how legal that is.This is my first purchase.

HOWEVER, they have still not found someone to sublease and if they don't have someone by Feb. 1 I am afraid they aren't going to be able to cover the full rent of $1200 and they have already threatened to just move out too if they can't find someone and can't afford the $1200.I have never run into this issue before and it seems completely messed up to me that they think they can just walk away from a legally biding agreement that we all signed as a 12 month lease for $1200 per month.

Your investment partnership will require you to conform to federal and local SEC regulations which may just be a few documents if they are a friend or business associate.

No legal advice.