Some larger broker outlets will give the option to have the loan processed and underwritten with them but this isn't the norm (UWM comes to mind as a big lender who now gives the broker this option of taking care of all of the processing or certain aspects of the processing which they call "processor assist" - this is fairly unique as far as I'm aware however).There are so many little variables to every situation but generally speaking, if an MLO is skipping over the spot where his/her license hangs and taking a deal somewhere direct, there wouldn't be a compliant way to pay the MLO.  

Yes, I worked with Curbio for the renovation aspects and Angela Mann Thomas as my real estate agent.

Hi ALL,I feel pretty sufficient analyzing the purchase of an apartment from going through the financials and physical aspects of due diligence.

Check out some of things happening in Detroit in 2024:https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/Your first question shouldn't be WHERE to invest (that is #2 question), but HOW you will invest!

John, QuickBooks Pro will allow YOU to CUSTOMIZE it by YOU creating DEFINE FIELDS (blank fields that allow you to input data you want to create) that no other software program will allow you to do.I wanted to see my tenants move in date, Security Deposit, Rental Amount, Move Out Date, etc. 

Ensure you have a property management strategy for when you return to Charlotte.Legal and Tax Considerations: Consulting with a tax advisor and a real estate attorney will help you navigate tax implications and ensure legal compliance in both your investment and rental activities.Short-term Investment and Return Plan: Since you plan to return to Charlotte after a year, consider the short-term nature of your investment and its implications on your overall strategy.In summary, your strategy has potential, but success hinges on careful planning and navigating the financial, legal, and logistical aspects of real estate investments.Good luck with everything,KC 

You may not need "2 years of work history" either depending on the detailsGenerally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

Check out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/

You should try to build up a team of go-to professionals who can help advise you in various aspects of the investment.

Travis, with the utilities, also remember most providers will require a deposit from new users, which will most certainly upset a MTR tenant.A thought on inventory, I would be mindful of the counts on small kitchenware items and towels from the presentation aspect.