@Rich Ng

After looks ng at some of the properties, we may need a contractor to do little updates.

@Albert Ng,No I have not.  

. :)@Albert Ng, thanks Albert and thanks for the joke too.

Then maybe it's just the lat people entering a hot market and making the peak. 

Excited about my property:Great property built as a duplexHUD Purchase2br, 1.5 bath, W/D hookup each sideEach Unit has 2 sets of stairs one going to each bedroom / full Jack-Jill Bath1400 sq feet each,New roof, new NG BoilerPurchase $66,700 + all in after improvements $75,0005 year adjustable @ 4.5% with very low closing as lender does not require AppraisalIt will be a reach but hoping to get $950 as side rent (they are really very nice units)My absolute all-in cost will be $975 per monthAlthough I don’t post much the stories and content from BP provide great advice and terrific motivation thank you to all!

:Originally posted by @Rich Ng:.  

In the lat example, the lender restricts future encumbrances (financial liens) to manage costs as a ceiling and provides a reasonable avenue for contingency requirements, it's not a small project with the only motivation of restricting the borrower is to take the property back.

@Rich Ng Yes, I've listened to several podcasts during my commute and learned a lot in a very short amount of time.

@Michelle D.I like this one by @Rich Ng*unfortunately, due to rising cost, your new monthly rent starting in January will be +$150 a month.* ......say your sorry but that is the new rate.