Do you have applicants that says something that raised your eyebrows?

.- They purchased another home with an owner occupant loan and 5% down a few months after closing on their first, about a half mile away (job transfer to other side of the country = that exception is granted on a routine basis, it being the exact same neighborhood makes this unusual).- Underwriter would have been within reason to ask for a birth certificate to line the date of that up with the rest, but in this case elected not to.Note the unusual circumstances surrounding this.

We tried for a while to purchase a 1br condo in the $400K range but we were routinely beaten out by all-cash offers and folks willing to pay way more than we were.

We are getting offers routinely in the 75% LTV on the PP, and 100% LTV on CapEx.

Hey @Chris, another way to think about it is in terms of acquisition costs (most of your fixed costs, which are just buyers negotiable closing costs), holding or carrying costs (recurring payments of taxes, insurance, utilities, routine maintenance, etc.), renovation costs, and disposition costs (seller's closing amounts for transfer taxes and fees, realty commissions, atty fees, title fees, etc).

(And on a side note, this usually results in some level of deferred maintenance, since there is no time for "routine turnover maintenance").There are obviously differing schools of thought here, but as an experienced property manager, I actually dislike advertising units for rent before the current tenant vacates, for a few reasons:1.

In fact, if this is a company who is doing this routinely, I'd ask for their other landlords they've done business with as their trade references.

At the same time I routinely maintain the property per any items I get requested from the management company.

If it's a a MTM lease, then you can terminate after proper notice and have them resign an amended lease for the following month.Answers to your questions:(1)  Here's a part of my lease that notifies tenants I will be doing routine inspections throughout their occupancy:13.

Schedule routine inspections of the units--but that goes for EVERY rental, not just Sec 8.