I am sort of inclined at this point to go with rule #2, not exceed 200% of the sale price, and get more expensive properties or spend more on renovations.Thank you

They have been late on rent with the current rent so I am inclined to believe they'll be late with the new rent as well.

My brother and I also plan, as you suggested, to execute an independent deal to get me back on the title after the deal in complete, but I was told the lender will have the power to stop this from happening if they feel so inclined...is it likely the lender would interfere? 

I'm inclined to think that postcards / yellow letters may get brushed aside, so something that looks like a bill or an official notice may do the trick, possibly with a more formal message inside?

Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment: $934.36APR: 5.276%Option 2:Interest rate: 4.000%Lender credit: $875.45Total cash from borrower: $6,552.67Total monthly payment: $942.82APR: 5.395%Option 3:Interest rate: 4.125%Lender credit: $1,342Total cash from borrower: $6,091Total monthly payment: $951.34APR: 5.513%I'm initially inclined toward the lowest interest rate, but given that I can write the mortgage interest off (up to 1mil), is it better to take to larger lender credit?

Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment: $934.36APR: 5.276%Option 2:Interest rate: 4.000%Lender credit: $875.45Total cash from borrower: $6,552.67Total monthly payment: $942.82APR: 5.395%Option 3:Interest rate: 4.125%Lender credit: $1,342Total cash from borrower: $6,091Total monthly payment: $951.34APR: 5.513%I'm initially inclined toward the lowest interest rate, but given that I can write the mortgage interest off (up to 1mil), is it better to take to larger lender credit?

Rather than wondering if a particular deal will involve a 10%/4 point loan or 12% and 1 point, borrowers are more inclined to call if they know the loan terms in advance.

This time was once filled by taking ridiculous course loads, but now that I spend more time in clinic, I don't have nearly the after school commitment that I once had.

So, he has the means to buy and fix up properties but not the inclination to bring the properties he already owns up to a decent standard. 

Point being, increasing rents in order to boost ROI which most newly acquired MNPO's must do in order to realize a return, disincentives the resident/tenants from doing any upgrading let alone deferred maintenance or MH replacement because they are more concerned about how to pay their rent.If you own your own MH's its even worse in that you're less inclined to put good money after bad by trying to keep old heaps up and in a rentable condition.