Just make sure the debt service coverage will be 1.25 or better.

.)- what coverage do they have      is there coverage for flood?

(This is just for property insurance, liability coverage is important too - since most people don't have the hundreds of thousands a liability claim can become)

It will depend on if they will be willing to issue a supplemental loan to increase proceeds.

His declaration would have helped us obtain, with the judges permission, another appraiser to supplement the 1st appraiser's report.My attorney wrote his own declaration stating that the appraisal was incomplete, however the Judge did not allow a continuance due to the fact that my attorney had already asked for one because he had trial on another case.I had to settle for $70,000 for a property that is worth $300,000+, do I have a good case against my appraiser.

Builders warranty is also something that looks great for an investor. 1 year covers materials and workmanship2 year coverage on all mechanical/ electrical and plumbing 5 year leak protection internal or exterior infiltration 10 year structural Love to hear thoughts on buying new construction?

Provide them with a couple of window units to supplement the central AC.Do NOT pay them for a hotel or anything else.

Ironically, I was at a wedding this weekend and met a fellow who is licensed in Illinois and completed just a handful of transactions a year to supplement his income.  

If they are determined to be employees and you have no Workers Compensation coverage, you would probably be facing fines and you would be liable for the Workers Comp. benefits that the injured employee would have been entitled to.

It definitely requires a long term perspective and able to supplement the cap expenses in the short term.Most of my rentals are in working class areas (Class C with some that may be B-) and small multiplex (duplex to quad).