@Lee Ripma to understand or for clarity- I can offer cash BUT make sure I have the preapproval of the hard money lender prior to the "cash" offer?

I've seen fixed fees if the borrower is holding up the loan and not signing, but this is usually after you get clear to close, not prior to appraisal.

We can even have it listed on airbnb...etc prior to closing.

I found myself attending in-person networking almost weekly prior to the pandemic, but we live in a different world, and the digital shift has made it harder.Currently looking for personal investment deals in the area, and also passionate about connecting other local investors with trusted service providers.

Recommend requesting the seller’s existing ALTA Survey, building plans & floor plans, site map, seller’s prior Phase 1 & environmental reports (easy for them to ask lender for copy), full rent roll detail (including renovated/classic unit indications by unit, sqfts, building #’s, full detail), aged receivables report (will allow you to identify hidden delinquency / bad debt yet to be reflected in T12’s), general ledgers / capex ledgers back at least 3 years to ID major capital projects or damage that wasn’t disclosed initially.

I'll reiterate what I said on your prior post a few days ago about this tenant.

Consider more than just rental income, such as, prior tenant history, civil and criminal background, employment history, number of occupants for the size of the home, desired move-in/move-out date, etc.

Does the septic system have to be updated prior to sale to qualify for conventional financing? 

They used to be Reef Tech, and prior to that they were Sterling construction.

We get a credit report (which will show criminal history) and we ask for at least two prior landlords as references.