Not so much 1,000 cash flow (I also assume you are talking about actual net income after expenses, including ongoing repairs, management, replacements).

I've read of a few on here that I plan on going to with other companies as they come up. 

The follow up is how it was set up in the rental agreement and what else is needed ongoing.

@Troy Luster I think he means he is setting aside 7% of gross rents every year, so that they'll build up over time for when big ticket items need replacing.Most investors set aside between 5-10% for ongoing repairs and maintenance, and another 5-10% for capex.

The con's are mostly the same as with a regular FHA loan, in that there's upfront and ongoing MIP. 

The market is excellent, re-developments are ongoing in the area.

You would also want ongoing personal and business reporting updates to the landlord at least quarterly.The company might have many locations as an example but set up a single entity LLC or just a few locations backing the lease.

This has got to be illegal and has to be stoppedAt the same time, I suggest that you write to POL and tell them that you intend on going to the SECI would expect that if nothing else that will help get some answersI applaud Ian Ippolito.

In my experience, it will cost you over $100 per month in ongoing maintenance and even more when you turn the house after your tenant moves.

All you do is ask if they would be interested in the ongoing income created from seller financing.