Also, there are no coverages for the most common homeowners' losses like water backup-- it's just standard coverages.3.Youshould get insurance as soon as possible -- there should be insurance on thecondo at all times.

With this knowledge, it seems as though out-of-state investors are analyzing markets that have great job growth, high appreciation, low unemployment, low taxes, but are still "affordable" compared to standards in more expensive parts of the country.

Partner Driven financed the Hiawatha Way deal by utilizing internal capital resources.

@Jim Stanleyyes, you start with a standard purchase contract, that calls for clear title, and title insurance.  

Is there a standard letter that I need to send tenants a month before the end of their lease to remind them to move out by the end of the term?

But that pass should be based on your WRITTEN AND AVAILABLE rental standards.

Consult local banks or international lenders for details.

This is the standard advice: put your money into these retirement accounts and let it grow into a big pile of money by the time you retire.But think about it—this approach is flawed.

In a 506(b) deal you are allowed to bring in up to 35 sophisticated investors that don't meet the accredited standard, and almost as many as you want accredited investors.  506(c) you can market offering, and need to take reasonable steps to verify they are indeed accredited.Reg A(+) you can market and raise from non-accredited, but more regulatory filings.I think there are a lot more accredited investors than you think.  

I am planning to average the utilities for 3 months among all the tenants vs charge a standard rate !!