I’m in the same boat looking for 80 LTV with interest only draw period.

Paid on Friday night. 24 hour grace period. +$30 Late fee after that.

I see that there is a 5 day grace period enforced by the Virginia Residential Landlord Tenant Act as well.

During this period, there is typically less competition from other buyers, as many people prefer to move during the warmer months or avoid house hunting during the holiday season.

*Periodically inspect all sinks, bathtubs, washing machines, plumbing fixtures, appliances, windows, or anywhere water may be present to ascertain whether or not there is any water present around fixtures.

Once we have set the price for something that is the price, period.

The appraiser will also list comps and rents being paid based on similar homes.I will not speak for all Banks and lenders but when we approve for FHA we allow a 90 day grace period for the new owner to occupy a unit.

Given that there is no statutory holding period. 

Would you recommend periodic check-ins at the property to assess for upkeep and potential maintenance issues?

Holding Period: Short-term vs. long-term holding affects tax treatment.What challenges have you faced with taxes when flipping properties?