Each new property I buy has fewer problems and more profit. 

It's very simple to make a spreadsheet that sounds great, realistically much harder. 5 single families are much more expensive, time consuming, and a hassle to deal with versus 1-2 properties that have 5 units total.

TRID only applies to consumer loans ... if this was an investment property purchase (business loan) or a cash deal then a CD would not be used and the disclosure rules would not apply.

Raising capital is already a time-consuming, challenging, and risky enough exercise.

We are eager to start with the right foot and take everything into consideration so we can make the fewer mistakes as possible!

The reason why is that it’s a sellers market and there’s fewer fixer deals that cannot be sold on the MLS.

However, some are very time consuming and produce limited results.Now this might not be for you, but there is a far better way to reach this people relentlessly month after month until they are ready to sell.

@Sean Graham, I recently had a tenant who was non renewed and they didn't pay last months rent so they had a deposit for their new place.I am in the process of taking them to small claims court for breach of contract where I will ask judge to also have them pay my costs to file and serve them assuming I win.If you receive a judgement and they still don't pay them you can file another form to garnish their wages.I don't intend to make garnishment a hardship so they have trouble paying rent at new place and will be open to a 12-36 month payback term, so long as I am made whole on rent and fees.This is my first time going thru the process so I am uncertain of outcome, although I have a paper trail for rents paid and unpaid, and texts from them admitting they were not going to pay.Here is a helpful link.http://www.ag.state.il.us/consumers/smlclaims.htmlBest,Ashley

I don't bother it is too time consuming.

However, because the inventory for this program comes from foreclosed FHA homes, and there are fewer foreclosures nowadays, options are limited.