Just passed the House and Senate in Virginia - I am not as up to speed on how the legislative process in Virginia works but my broker and multiple wholesalers that have reached out to me are all under the impression that this starts July 1st and appears to require wholesalers doing 2 or more deals in a year to be licensed. 

If you have not theres some things you need to look out for that can help speed up your process. 203k loans since they deal with rehabbing you will need to make sure your contractor is already certified 203K contractor.

It's automatic, doesn't give tenants chance to argue or give sob stories, and manage how payments applied.

One way to look at owning a tax deed is as a long-term option on the property that never really expires.If you want to ultimately take over the property, you may elect to just wait out the year or, if you hope to speed things up, you might try to contact the owner and ask them to quit claim their interest to you.

However they know they are  just feeding people that have no clue what they are really buying -  They will take a automatic mailer you can to on your own and fancy it up and put a cool word next to it and Boom Sold!

What are good Internet speeds for a STR that will have a few (3ish) TVs and one gaming console.Thanks in advance,Aaron

If you reported less than what they think you should have - expect an automatic adjustment, a letter or even an audit.Since in case of private money you as an investor act similar to a bank paying interest to the lender - should you send your private lender form 1099-INT?

I would say that I subscribe to a modified version of his seven steps.  

It falls under the automatic consent procedures, so it does not need approval - it could still be audited though 3.

I could, in theory, just keep some money in savings to float these costs, but I'd really rather that money go to buying another property instead of sitting their floating money to pay contractors.Ryan,I know of a lender that automatically budgets 4 draws into the budget which might save you a little bit on that end, plus they defer the monthly interest payments which might keep you more liquid.As you get going there are definitely a few options, just shot you a DM and would love to help if I can.Good luck!