They just left a homeowner high and dry, when a personal residence flooded due to a pipe quietly leaking for months!

I gave them 24 hours (yesterday) to pay rent for December, or I will send a notice to pay rent or vacate doc.

Are they asking for any other loan docs, like your credit report?

Even if, say, the roof needs replaced, but it isn't currently leaking and keeping you from renting the unit, then you can punt that option, at least for a bit.And I also second Rob's take on going straight to the contractors.  

Crexi and CoStar are where you list commercial properties outside of the MLS, but they cost and you need to have good docs to get anyone to look.

Hey if you want simply to have all docs and correspondence  go to whomever you have a relationship with but have the banks title close it. 

Thus, your returns will be lower than if you can originate yourself, which we do.According to Lightening Docs, the average return for a 1stposition bridge loan in LA is around 11% plus 2 points for a 1stposition loan.

Maybe.But with us being so new to the real estate game, I'm glad we were able to learn the lessons we did early on and are able to ask them going forward to any lenders we speak with for future deals. this is one of the issue  you run into with Wet closings the seller wants a check the second they sign.. out here on the West coast lenders wont fund until they have all the docs signed and back to them then they fund the next day and seller gets paid the following day.. it has to do with what the local closings process's that are in place..

I will just always check HOA doc before even think about buying when I'm buying to rent out, long term or short term.

No income no doc