@Oscar Leon I can only see this as practical if you were pulling money out and keeping PMI off.

Being able to watch them go over examples of deals and see the theory or idea in practice was more beneficial for me.

My question is "Is it standard practice that the Draws are on a reimbursement basis?"

I am running into this issue in another area, calling employers about internship opportunities as I am a college student, but I thought it was a relatively thought provoking discussion.

.- Best practices that you found enabled your loan process to run smoother and efficiently.I would also invite those to comment who had applied for the loan, and perhaps used a commercial loan in the end to close the deal.Thanks!

California coddles.NOLO has a great book called "Every Landlord's Legal Guide" and it includes tons of practical advice as well as links to your state-specific laws.

I might live in there once my kid goes to college.

Whatever :) The practice will help you.

Two of my rentals are college rentals.

It’s next to a college so renting it would be really easy.