Since most LOCs have adjustable rates they will often catch people off guard when they adjust.

@Joe Splitrock the items your talking about we will catch when they move out and charge them from the deposit but the stuff you really want to catch is the stupid stuff that is preventable with regular maintenance they do and will never report like not changing the filters for the ac I have the same language in my lease but I also if they cause the roof, ac or any other capex damage they are paying

In fact I have a client right now that is almost at break even, but does not want to bring money to the table, and does not have enough money to catch up the mortgage.

If you do anything and they catch you they will cancel the deal.

I would suggest staying in California if you can since you're new to this, because unless you have some boots on the ground in other states it might be pretty inconvenient to have to fly out there if needed for some property emergency (like the home catches on fire, flood, etc.)With 25% down you can make the numbers work in Sacramento.

Looking forward to catching up!

Seeing as it probably takes about 10 minutes of effort to catch you, you should probably just budget for the fine and keep going if your strategy is to use bandit signs.

You're stating to catch on with what I'm trying to convey to BP Investors on this subject and why they should round up or down!

I began catching up on all the BP Podcast episodes I'd missed, figured out what neighborhoods I wanted to buy in an began monitoring the prices to get a feel for my area.I couldn't be more excited to jump into the game and I really look forward to all of the future discussions here on BP!

Another catch is this is outside what I can afford a monthly payment on myself, but I know some people who could possibly go in with me.