Before I looked at the deal, here's what I asked from him:The purchase and sale agreementRehab breakdown documentation2 HUD statements of previous dealsDeal info (Property profile, funding, security, repayment plan, etc.)Title company involved in the transactionWhat I also asked for was a term sheet from the hard money lender that was lending at first position.

I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.

And the demand is only going to increase incredibly over the next two decades due to demographics and lack of supply and building. 

It sounds like the oversupply is really affecting the market there, and with rents dropping by 8%, it might be tricky for investors to secure solid returns in the short term.

In that case, you would need liquid assets of at least $9,000 to secure a mortgage.Calculating How Much You Need to Begin Investing in Real EstateLet’s do the math to calculate how much money you would need to buy a residential rental property as an investment.

All good suggestions--if you find this becomes a bigger issue, one thing we have done in the past is offer back the security deposit in full to get people out. 

The local banker pulled a few strings and helped them secure a short-term loan while things got sorted out.

I want to invest in real estate to heavily supplement W2 to open up options and financial security. 

If he can pay all 15 months up front, that is your financial security (at least for the 15 months).

I have no clue what the warranty window is Bill Brandt, but I also read from the next guy replying that they would never supply ice makers in a rental.