Just call a local real estate attorney , they will draft up a note and deed of trust for you for a fee :)

Some of these bookings we get through marketing partners who build these relationships and charge referrals fees for finding the housing.

Pull comps, if you rent it for 1500.00 you are cashflowing 120.00 a month with all the info you gave me and including fees except if you take any fees on (water/trash etc.

With fees doubling and competition heating up, you might want to rethink this investment.

@Dan KeefeDid you pull data from BP on rents too?

I’m all for value-add and if you need to pull cash out to get another deal that makes a higher return then how much you pay for it, sure, but I think you would be better off selling it and starting over.

Are you an agent paying a bird-dog fee to a lender for sending you clients or vice versa?

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

Yes, this can be very dangerous, we always use a licensed contractor that has pulled the permits.  

They're offering a few thousand more than asking and will also pay agent fees.