The more that is paid the more of the profit you recognize.

Paul, I would hire a recognized PM company.

Recognize those conflicts with your intentions and ensure only to extend reasonable expectations on to the other party while the rest rests on your plate.

Fast forward a few years & after getting my own re license & taking a 24 hour pm class as continuing education for that re license, when looking over the applications the pms are using, I'm recognizing big holes in the screening process, when reading the pm agreements for landlord's, I'm seeing big holes as well - no real responsibility being accepted by the pms, but tons of fees for both me and the tenant & we decided to run our own rentals.

J Scott - apparently Stephen Masek is a recognized expert in this area; see this link that appears near top of Google search results:http://www.nachi.org/forum/f21/asbestos-still-legal-dates-bans-12239/

Otherwise, please consider uploading a personal profile photo so we can better recognize you as you navigate and participate here.Welcome!

If you tell them you're paying cash and then get a loan, they likely won't care, as long as you close on schedule.So again, do what you're comfortable with, but recognize the risks and be willing to accept them, even if it means losing your EM on an REO deal where the bank doesn't want to let you change your choice of payment.

Any auditor will right away just call it out and remove it from your return unless you prove otherwise: Guilty until proven innocent.

Had the underwriter not agreed to throw out that second appraisal and had logged it into the FHA system, you would have been screwed...that appraisal (at your purchase price) would have stuck with the property for any FHA resales for 6 months.You've absolutely proven the point I was making above -- the only difference being that you got lucky that the underwriter was willing to be reasonable.

That's the same thing as Iran, gotta recognize this is America, you must allow others to enjoy thier freedom just as you do.Ryan has spent his whole political carrier trying to invoke limitations to, and eliminate, abortion FOR ANY REASON.