Other than that it was fairly simple and hassle free.

. - Many PMC's use software to approve applicants for speed & to avoid Fair Housing violations.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

The file is limited on what it can do, and misses the mark on things like depreciation recapture or like-kind exchanges, which will impact returns, but it’s fairly sophisticated relative to what you can find out there or if you were doing it yourself with limited knowledge.

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

If you truly only need $65,000 that should be fairly easy with minimal requirements for you regarding your income and ability to repay the loan.

I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy.  

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

If all they are is the " bank" well 20%ish seems fair. 

You can collect applications and then choose the "most qualified" applicant, but that's opening the door to Fair Housing complaints.