They opted not to put guest access control in and instead installed a key fob system for their tenants, with the expectation that they would just go let guests in by walking down the stairs and opening the door for them. 

The thought just occurred to me after waking up.... that if you're selling the home as a rental, then Form 4797 might be the appropriate choice.In my choice, however...

Don't just read the lease!

Would you recommend that I avoid the headaches of being a landlord and just focus on syndication investing?

My thought was could I get it under contract and then market it to be sold and at the closing i would just pay them what we agreed upon and i keep the extra.

Just to be clear for other readers, if a non-citizen wants to buy in the forbidden/registered zone, they cannot buy in their own name so they have to use the fideicomiso (or a Mexican corporation).

Just so you know on my newest purchase I am looking for renovation money as well as financing and the bank is looking for formal quotes as to the materials needed and the amount/cost of the labor that will be involved.

DSCR would be your best bet but again 25% down and a DSCR of 1.25% minimum.Do yourself a favor and do not let just any Lender/loan officer pull your credit just so they can take an application and have a possible deal.

I have never managed anything other than what has been in our own portfolio which is 3 (although we just closed on our 4th and are going to BRRRR it) long term rentals and 3 short term rentals.

Hi all,Just starting out and I’m interested in market trends for the Dallas area.