You must execute and then adjust when needed.

In this particular example we put the deal under application underwriting to a HUD exit with a great execution bridge lender who we have closed with in the past.

This is generally due to the fact that this is how the American housing giants – Fannie Mae and Freddie Mac – government-sponsored agencies, separate their loan programs.

So if they have an executed lease, you pretty much have to abide by it.

@Collin Mitchell did you end up executing with or without Lennar Mortgage and if so any learnings/advice?  

The fastest/cheapest is to get the other title holder to execute a new QC to you, but if you can't find her then QT is your recourse. 

More details/example fees: Management Fee: 10% of gross rent collected, $50 minimum per unit.Leasing: One full month’s rent upon execution of a leaseOther: 10% will be added to each invoice for any repairs, maintenance, improvements, landscaping, and snowremoval for the Property 50% of late fees collected $50 lease Renewal Fee $50 per utility turn on $25 posting 3 day notice $100 per court appearance witness fee $50 tenant removal with bailiff or police $50 to meet inspectors for housing voucher programs, occupancy certifications, and/or POS or rentalinspections Broker may charge to offset Broker expenses for postage, key copies and other misc. expenses $100 set up fee $120 annual consortium fee ($60 March 1st, $60 Sept 1St)Given all this, how do I input it when I'm making calculations for a potential investment (do I put this in as >10% like 12%, 15% or 20%?

Hi - American living in Belgium for 9 years.

I have some practice in finding deals but until now I have not had the confidence in myself to execute.

Has anyone had any success executing BRRR in or around Baltimore city and County?