Also, keep in mind that some markets have a requirement that landlords have a locally registered agent (manager).5.

What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.

I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.

I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.

I recently joined the forum and would like to quickly list my requirements without much ado.1.

Real estate is NOT a passive investment and requires lots of analysis and education.

Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.

That 2nd requirement is  what makes it close to basically impossible with a W2 job.

Just make sure you do you research on Manufactured guide lines and requirements. 

LIHTC properties can have requirements that stay with the property for up to 15 years.