The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason. 

If is 65% and below LTV you won't need to provide reserves. 1.

There is no additional "risk" on the note like a demand clause etc, but you have  extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.  

If it’s a must-have, it might be worth the extra time in your schedule.

I thank you in advance for taking your time to provide us with your knowledge 

Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land deeded to the seller under the property I was under contract for.

Private equity firms seem to favor larger operations with scalable systems, while smaller mom-and-pop firms are often acquired by local players or regional operators looking to expand their footprint.If you’re looking for actionable intel, reaching out to brokers specializing in the sale of PM firms could provide useful leads.

At 6% I’ve only saved $360k, but you would have saved $720k, an extra $72k/yr.

I am a long-term investor, but I also provide services to long-term investors, so my advice is biased toward that option.  

More likely is that they have been 'touched' by a many people providing the same service and narrow their selection to the few where they formed an favorable impression.