However the event of default just gives the holder or beneficiary of the security interest the RIGHT to accelerate all payments and call the note due..

Our rental properties are townhouses and condos and they are located in Charlotte, NC.

Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.

I am a realtor in the Albany area, our office located right on Western Ave.

Our negotiation approach focused on building rapport with the seller, allowing us to secure the property below market value.

Desirable location both locally and regionally.6.  

Where is the property located?

I understand that starting condition and location will play a factor here, but just wondering what your experience has been.

Utilizing my relationship with a great local lender I started the process of getting a secured line of credit set up against the 3 unit so I could pull most of my money back out.

Certain locations will have better results than others.