Then I will read J Scott's book when it arrives tomorrow.

Assuming you did adequate screening then your task is to be sure you are establishing a strong system of reminders so when the 1st of the month arrives there is a clear expectation of rent being paid first.  

AHRN/homes.mil, free housing safety inspections, paperwork/leases/Addendums/PM tools)- financial comparison of buying vs renting throughout one's military career- buying the right primary residence with VA loan when you arrive at a new base- negative aspects of the VA loan and determining if other financing is more beneficial- tips, guidelines, and processes for managing you properties remotely- setting up the right team/network while you live there to make remote management easier when you PCSThe reality is that it will be a slower process for a military member to build a RE portfolio due to mission requirements, but it is definitely possible.

I don't know squat about NY RE, but it sounds like these sellers are trying to exclude folks using HML, and look for only a) All cash buyers or b) HELOC buyers.If you want to play in this arena, and that is what is going down, I'd suggest opening a HELOC on some other property you own with the highest maximum credit line that your equity position will allow but a $0 current balance.Offer accepted, max out the HELOC, funds arrive next day, show proof to seller.Then you would use the HML to pay off the HELOC a few weeks later, if you'd prefer that the debt be secured by the subject property.

.•(1344 finished sq feet. 3 bed/2 ba unfinished basement, 2 car)•He obviously cleaned the house fairly deeply for my arrival.

I will be listening out for you when you arrive in Ca.

Hello everyone,I wanted to take a moment and reintroduce myself and thank all of you that helped me when I first arrived to the forum.A lot can change in one year !

In person, arrive early; preview again before the auction begins.Look and listen for clues as to seller motivation or needed work.Observe other potential bidders (your competition) don’t tell on yourself.Be ready with certified funds or cash for the deposit if you are successful bidder.

If the tenant doesn't leave a forwarding address, and you are keeping any portion of the security deposit, make an itemized list, mail it to their last known address, and watch the mail for it to arrive.

I will finish reading the former before the latter arrives, mainly because I do intend on following the advice as closely as possible, whether or not I intend to make being an agent a full-time pursuit.I love, love, love flippingjunkie.com.