@Jeremy Pace is a great connection to have in the area as he is an experienced agent and investor in the area.

Originally posted by @Jeremy Pace:@Kyle McCorkelYou can always sub-meter the water yourself (I'm assuming that the units are all already completely separated).  

@Clinton FilesAre you saying you have a loan structured like @Jeremy Pace described or do you have multiple house, each with a different loan that have cross-colorization? 

Originally posted by @Jeremy Pace:@Jessie N. it doesn't vary by state.You don't have to send out a 1099 at all, even if it's over $600, if you don't want to do so.  

I have basically used my income and savings to fund these deals plus the holding costs, and even though I can take my time and have the rehab/s completed at a leisurely pace or so, that is the slow-slow approach and isn't quite the plan I had in mind from the beginning.  

Originally posted by @Jeremy Pace:@Shanel Wiggins usually rent-to-own is a great deal for the seller, not always so amazing for the buyer.How much NROC (non-refundable option consideration) is the seller asking for?  

@jeremy Pace could you extrapolate a little more for me?

My thought being that the sooner the property is re-rented the less cost there will be to the tenant's security deposit.When I am not there - things in Florida seem to happen at a nearly glacial-pace so I'm not sure it can be re-rent inside of a month - but I'm going to try for that anyway.

I have also had experience in Chicago's fast pace market and I bring that perspective to Cincinnati.  

In reality, whole life cash value appreciates at a dismal pace.