As evidenced by the different opinions on this post I don't think it's at all black and white. 

We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.

I would suggest that you keep the IRS from ever coming to look and thus no problems could exist.Stay out of the grey in in the black.

There was a recent study that AI failed miserably in accounting.Accounting isn't black and white, there are gray areas. 

When I started in the bizz in the mid 70s I saw racism .. company i worked for said if you go to your presentation and a black family answered you were to say wrong address and leave.

Has anyone had success with black ink?

With the above said, we are still in the black though given cashflow and scale. 

In one realm they are a black belt and the other, a complete newbie.

The concrete patch work was done on top of the black mastic.

I only have student loan debtI have a full-time remote jobI have no prior experience in real estate investingMy credit score is high 700'sHere are the details about the property in Zenda,WI:Asking price: $235KIt’s being sold by out-of-state heirsIt needs at least $50K in repairs and updatesThe neighboring house recently sold for $235K (though I don’t have details on its condition before the sale)A family friend who owns a construction company assessed the property and noted the following:Replacement Needed: Furnace, Water Heater, Water Softener, Floor (concrete replacement needed due to unevenness), Roof, GuttersUpdates Needed: 1.5 BathroomsConcerns: Black mold and water leak marks upstairsRemodel Suggestion: The staircase is very steep and narrow; recommended to relocate and extend it into the living spaceAdditional Work: The property slopes downward, allowing rain to flow into the house.