Essentially let him wipe his hands of it.   

This most recent month she was late, her lease specifies that there is a $25 late fee for each day of late rent and essentially after the 3rd late day if everything is not paid there is indication of the landlord moving towards an eviction.

Essentially, I have a property that is getting sold with a potential of 58 k in capital gains, bring the total investing amount of 128k ish.

I can see that each rental will provide income but the cash flow annually seems disproportionate to the loan and the overall impact to the DTI ratio?

For example, I am not counting your full mortgage payment to include principle or the accompanying amortization on the loan balance, which essentially wipe each other out in terms of net worth, but may cause you to cash flow negative. 

An eviction must be “opened” (filed) with the court to essentially get the ball rolling on everything.3.

However you're essentially selling a home and I don't know how you can do that if you don't even know what it is.

So essentially, both of you got the deduction. 

With your current estimates, you're essentially assuming infinite lifespans for the property's various components (roof, foundation, HVAC, electrical, plumbing, water heater, etc.). 

Thank YouHi Justin, commercial lenders will be looking for the following but subject to lender and product-specific: (There are niche lenders)Investor Only - loans to Individual, LLC, Corp and Limited partnershipAppraisal of propertyUS or perm resident (some will lend to foreign nationals at 65% LTV and higher rates)3 mos PITIA and closing costs (some will use loan proceeds for this if within LTV thresholds) 3 mo bank statement for proof30-day ownership seasoning on refinancing (some 30 days to 90 days)No tax returns, DTI calculations or income qualification (most)LTVs up to 80% (some sweet spot is 75% for cash out)DSCR 1.0 -<1.3 (some will look at this but some won't sweet spot is 1.2)Credit 650+ (credit will impact rate and LTV)Min Property Value $75K (Higher min in certain areas)Lease or unleased (must be rent ready .. rate may vary)Min Loan Amount (lender specific rates will vary on amount)5/1 ARM, 7/1 ARM, and 30-yr fixed-rate structuresNo sourcing or seasoning of funds (some will ask for 30-60 days seasoning)Must own primary home (lender specific some do some don't)