Sorry for the bold text guys, force of habit :oops: By prestige I mean I am more in the high end markets with top hotels, casinos and shopping malls etc.

If they do not exercise it then no harm done.You can send a certified letter to the lender letting them know.

Crazy uh, all because I had a greedy loan officer that led me on, but you live and you learn.I corrected my investing habits and now I'm wholesaling for a living to build my cash reserve up to start rehabbing.

Other states have tried this only to repeal the law when they found that it did more harm than good.

I suppose their is no harm in trying to make an offer on other properties and seeing what happens.

I wouldn't make a habit out of that though.

Consumers are becoming much more sophisticated and knowledgeable in their purchasing habits.

Most states require that the OWNER maintain the rental in a habitable condition.Mike

Aside from possible predatory habits (check with your attorney's on this one guys if you are charging an up front fee), its just a pointless exercise to charge.

You're still a landlord and still on the hook to provide a habitable place for your tenant.