@April BandaNear Blackstone and E Shields Ave I'll inbox you

Annual statements will be generated, at year's end, for each Owner's Schedule E.

1) Give them your I&E and ask them what their plan is to bump your NOI2) Ask for sample of what the monthly report is. 

She has communicated over the phone and via e-mail very professionally with me. 

AFAIK, there is no legal requirement for a max/min E/M. 

There also ways to set up your "Schedule E" on your tax returns so that you still get the deductions and the lender can add back in the deductions to reduce the negative net rental. 

Juice has to be worth the squeeze.

Have you had any similar experiences, or do you think that was mayb e a one-off?

Where I am, the main expenses are attorney fees, title insurance, prorated taxes due to seller, buyers end of transfer tax, & if financing is involved w/e the mortgage broker charges for origination & underwriting.

Once we start renting our main house, we plan to include income and expenses for both units together on our Schedule E.