Maybe include in the contract an increase at year 2?

Hoping to connect with local agents including lenders.

I use Zillow which gives you results from Hotpads included.

We are currently using Quickbooks but I am wondering if there is any type of add-on or software that can be used to create reports that will show everything for a property including purchase price/current value/mortgage, etc. instead of just the income/expenses that are on the P&L.

Something that you should give him a heads up on before you do so.Then there is the situation that you may potentially be required to report the income and not the interest expense.If your income is above $150,000 - you may not be entitled to the rental deduction(which includes 50% of the interest expense); but you may be required to report 100% of the interest income associated with providing a loan to the business.

I am interested in investing in some of the outer areas of St Louis including Florrisant, Ferguson, Calverton Park and so on.

If you want to include him in on the profits it becomes more complicated.

Very often a divorce includes bankruptcy.

My mil has excellent credit, 800+, with no debt.Any ideas on how make this happen.Heloc would be great, but the 15 year term makes the payment too hight.A 3-1 ARM would work, with co-signer, as we would refi after the second year with solid rental history adding to my mil's income so she would qualify at that time.Below are some quick numbers for this project$180k - ADU Budget$142k - Current mortgage$942 - Current monthly mortgage$585k - Current Value of home/property (no including basement refinish or ADU/Garage)$1800 - market rent on ADU$500 - current walkout basement rent ($1200 market)$2200 - mil's fixed budget (PERA retirementThoughts?

However, the benefit I have right now is the fact that the rents are not yet registered with the town.So keeping the tenants as is with the low rents will set me up for low rent registration.Instead, I would rather get them all out, do the necessary renovation, including separating the boilers, this way each tenant pays their own heat and hot water.