This person is eating up your time and sanity.

Do not just get randoms, this is going to take a lot of work to protect your privacy and personal residence.

More standard income variations are: asset depletion (using reserve distributions as the proposed income) or average personal or business bank statement deposits over a 12-24-36 month period. 

Andy, I'm sorry to hear that your going through this, I don't personally know anyone dealing with such difficult tenants, but do know several Brooklyn based land lords who got tenants out in order to do reno. or dramatically increase rent. 

Either for violating the Alienation clause or non payment of tax insurance or mortgage payment.Now you friend is trying to figure out what to do. its simple he needs to stroke a check and pay the mortgage off. probably does not have enough time to refi.Now scenario 2.. your friend bought a sub 2 from some one that did the sub 2 and they are not paying your friend is now going to lose his/her house even though they have paid the person who bought it sub 2 ripped his payments and did not pay the underlying and is just a theif.which is it ???

If you have the bandwith, adding bedrooms/bathrooms or a new HVAC can significantly increase ARV.First-timers often over-focus on minor cosmetic changes like new paint, luxury upgrades that aren't necessary for the area, and personal preferences that don't align with market trends.Let me know if you have further questions.Good luck!

I would love to meet up with investors and agents in person in my area to learn more about real estate and any advice they may have.

The HELOC would need to go off your personal situation but if needed you may be able to do DSCR on the short term rental.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

Syndicator is taking a large chunk in upfront fees so that only 75-80% of investors capital is being “put to work”.4.