Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

So if a lender quotes 2k in these costs and a 3% rate and another quotes 5k and 2.8% rate, you can probably buy a point with the 2k lender and bring down the rate lower than the 5k lender and end up paying about the same in closing costs.All other costs are usually about the same, are estimates or you can actually shop for the service yourself.here is a website that explains all the costs.https://www.consumerfinance.go...

We spoke to each tenant and gave them a letter explaining our potential plans. 

I feel like my math is not correct or I'm missing something otherwise, can someone explain why even thought the note has a yield of 9.5% is performing slightly better than a 6% stock market return?

I include a photo of my family and explain my desire to own in this area I have fond memories of. 

If you're self managing, can you explain how you handle the cleanings after each reservation? 

Hi Cameron, based off what you’ve explained I believe you could go several routes but a heloc would be great considering you have the equity in a rental already.

Not a big hit for them and you can explain.

@Alex McGhee -- Below may help you get started:Stage 1: Educate Yourself on the Probate ProcessStep 1: Spend 1 Hour Reading about the Probate Process in Your Stateo If property does not go into a Trust then it goes to the Probate processo Google your state’s probate process and educate yourselfStep 2: Practice Explaining the Process to SomeoneStage 2: Get the Probate ListStep 1: Find Location of Probate Records at the County Courthouse or Town/City HallStep 2: Search for the Probate listings on the Computer, Day Book, or filesStep 3: If your courthouse has a computer system Record Volume and Page Numbers in ExcelStep 4: Pull Volume & Page for more Detailed Information.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.