I may be taking you up on that bouncing proposal you mentioned.

The Maryland house of representatives has proposed house bill 315 that limits rent increases to 5% and limits your rights to remove a tenant to 11 "Just Cause" reasons.

Here are the Pros I have thought up so far to pitch: Interest earning aspectCash down up frontshort term - say 3-5 year balloon for example higher offering price compared to short sale offerclauses in contract pertaining to non payment etcAnyway, if you guys and gals can offer other ideas for a proposal to the seller that would be great.

At the nonprofit, I worked on the proposal and through all the paperwork to get the OK from the feds to start taking tax deductible contributions.

We have not signed a contract yet...these are just the proposed terms.

Bill GulleyWhen the SAFE act was first proposed my initial thoughts were:a).

I would to ask for advise. I am new to this. I'm actually in the process of buying my first rental property to rehad and rent. Aside from that, My boss at my current 8-5 job and I have discussed partnering up in flip...

If sewer main pipe in the street is undersized for the flow you propose to discharge, the only way to get the plan approved is to pay to upsize the pipe in the street which will cost more than the building itself.

This can be true; but, I've seen the value both rise and diminish, depending on the scale of the proposed project.If you decide to sell, keep in mind that the inquiring agent will undoubtedly expect you to pay the commissions, thus affecting your overall cash to find a larger abode.As an added note: My daughters survived a small house; and, the wife and I are quite comfortable now and don't need to "downsize."

Great list @Ky Sharp If you are confident in your analysis and buying all cash the appraisal/bpo isn't necessary but an appraisal may help you negotiate if it comes in low.We like to have two or three mgt companies walk the property during due diligence and propose their mgt plan that includes a capex and/or repositioning budget.If the subject property and all properties nearby are the only things ever built on the land there you may not need a phase 1 environmental but if it's a large property and/or you're bringing in outside capital (lenders or equity partners/investors) having one demonstrates your thoroughness and professionalism even if one is not required.If there isn't a recent survey one it may be required but if one is not required getting a new one falls under the same considerations as above.We have gone to always having an engineer do the inspection even though it can be 2x what a non-engineer inspector may charge.