Think of me like that old friend who can’t help but dish out stories over coffee; xcept my stories sometimes lead you to the kind of deals that nudge your portfolio from “just okay” to “damn, that’s impressive.”

Remember the purpose of a proforma is to determine if a deal pencils broadly, so getting extremely granular doesn't add anything useful.

But, if they do not it means they can ONLY do business purpose loans. 

https://louisvilleky.gov/government/housing/lead-safe-louisv...

Have a fantastic day on purpose everyone.

Yes I'm fully aware of the lead based paint addendum and its use as I mentioned in my post.

Nevertheless, both scenarios require your attention and defending against those claims could very well cost more than $2K.One of, if not the leading cause for dispute between contractor and client is poor communication.

At this point I'm not factor in any vacancy because I have more leads on this property than I have rooms.

Quote from @Donald Hatter: Pros:- Builders have many homes to sell at one time so it is easier to negotiate a better deal than with a home owner in the same neighborhood who is trying to sell their primary residence - Buyers bust out of deals all the time and builders don't like holding completed homes- Lower maintenance which leads to easier property management expenses.  

- Zillow is the #1 source of tenant leads, with it's other websites Trulia & Hotpads. - What is your PMC charging for Tenant Placement?