This isn't inclusive but should give you a good start.

This isn't inclusive but should give you a good start.

The reason is I do not have time to offer all inclusive with something.

Your first priority is all inclusive in nature, so you assume positive cash flow is addressed but for me I would have it as the highest priority and be specific what you are willing to accept. 

It will require areas that are homogeneous to accept low income housing, in order to promote "diversity" and "inclusive communities": http://www.nationalfairhousing.org/PublicPolicy/Af...

I do also get concerned when I see proformas by turnkey providers that are only accounting for 5% vacancy (seems optimistic since just one month vacant should be 8.3%), 3-5% maintenance which seems low, absolutely no Capex inclusion etc.....When you put regular numbers in to account for those things, it seems that many of the turnkeys aren't profitable...Don't get me wrong, I'm sure you make something, but just seems like 6-7% after you PROPERLY account for all possibilities and have a margin of safety.I also don't buy the answer that people got involved with turnkeys and then realized they can go out on their own and do it....this makes no sense...if they are busy professionals and don't want to deal with the headaches of real estate, why all of a sudden after one turnkey experience they are starting their own empire?

That can be expanded if there is legitimate experience beyond 3 years BUT this is the main inclusion/exclusion criteria for all of the 100% programs as the lender is taking on a massive amount of risk.

Wrap... we did hundreds of wraps.. and there is a DEED specific to these in CA.. called an All inclusive Deed of Trust.and in that document there is a notification provision that in the event that the first or underlying goes into default the junior ( buyer) is notified.. and further more there are provisions in that document to cure.. and to wipe out the sellers wrap equity if they are failing to make the payments on the Senior.. now frankly have not done one in years in CA..

If anything, the inclusion of these topics (in appropriate depth) on BP's website, books, and bootcamps makes them LESS dangerous because they become things that are studied, as opposed to just 4 minute clips on YouTube.For those who disagree, I am *genuinely* curious what advice you would give to this and many other informed - but still novice - investors who want to take action?  

Amy:We provide them with a copy of the application (inclusive of the application process description and screening criteria) and advise them there is a nominal fee of $20.00 that must be remitted with an application.Once we have provided them with all the information on the unit and our application process, if they wish to come see the unit, we will schedule a viewing.