The REO manager stated he normally “closes” and signs paper work at a nearby restaurant by his house.

Which sounds great on paper but they never moved in so he ran himself into the ground trying to pay the extra mortgage.

On paper the initial numbers look great but some of the properties I looked at do not allow for investors or have requirements that the owner must live in the property for a year and then only allow the unit to be rented for a maximum of three years without requesting a hardship exemption from the community association.

Try your best to wade through this and issue a non renewal paper when you get 60 days away from renewal date now you wIll know what to add to your lease for next time .

Hello Michael,YapStone, HomeAway’s payment partner, is committed to delivering convenience by eliminating the hassle of paper checks for our partners and their customers.Effective Tuesday, August 28, 2018, we will begin charging a processing fee of 3% per eCheck for a domestic property.

But I went to the title company beforehand and they gave me the same papers the realtor brought to the meeting.

For example, if you purchase a $500k legal balance (unpaid principal + accrued interest/fees) for $200k, then rehab and sell the property for $300k, can you write off the uncollected $200k (the $500k - $300k difference i.e. not pay taxes on your profits, as on paper as the lender, it is a "loss")?

However, when I eventually go to acquire a loan for the rental property purchase in the next year or so, wouldn't the full mortgage payment on paper count against me (debt to income ratio..?)?

I am looking at several buildable level lots for sale in the Los Angeles area, they have real streets not paper streets, they have houses most of the times on both sides... is it still a wise idea to build on a lot in L.A from scratch? 

He also describes them very well, so you don't miss out at all.His other book "The Book on Investing in Real Estate with Low and No Money Down" is also great, but unfortunately the reader is pretty terrible and distracting, so I suggest reading it on paper or Kindle.I wish more Bigger Pockets books were available via audio!