I just finished speaking with a loan officer in Birmingham, AL  for a pre approval letter and was told they no longer offered FHA 203k loans.

Two weeks ago I served a letter of intent to seller asking him to owner-finance his property to me. 

Upon COE, in your introductory letter, I would produce the new 'Rules of the House' and mention each item. 

Inspection cost-Lender fees-Closing cost-Mortgage payments-Property taxes-Utilities-Insurance-Commissions-Selling closing cost-Home warranty-Termite letter-MLS fees-

I know the strategy is similar to Wholesaling for marketing (postcard/yellow letter, Etc.) but I was wondering if anyone has purchased Raw land from Ebay/craigslist, Delinquent County Tax sales (OTC), Etc and been successful in the resale?

If I have it set in the lease agreement that any violation of a rental property agreement will be assessed a $100.00 fee, do I need to give the tenant a warning letter for cease and desist first? 

Commercial loans tend to be 20-25 year term loans with a 5 year balloon (meaning your rate/payment structure must be redone every 5 years).Looking at the Fannie Mae eligibility matrix, you should be able to go as low as 15% for a single family investment property and as low as 25% for a multifamily.  

Bandit signs and yellow letters seem a little overdone in the Jacksonville market.. 

Do a Welcome letter to everyone the day you take over, include who they now make payment to, your contact emergency number, and let them know you look forward to meeting them.As far as leases, you don't want to renew or give everyone same date for renewal, stagger your renewal dates so you won't risk having 3 empty units.

If you have a business card you could give it to them or put a letter in the mail to the heir.