So for instance you get a lot of pretenders for buyers.

For instance, in my state, CA, a formal probate can be avoided if the total gross value of the estate is $150,000 or less.

This is also subject to the loan product or loan program, for instance, a no income verification loan requires no verification of the income stated on the 1003 so no W-2 or tax forms are needed to be collected for that purpose.

You can look around BP for posts where folks make strategy statements investing in notes, where for instance, they will get a DIL.

I know that it used to be for instance you cannot put ANY SIGNS period on the property.

If someone tells me they are looking for a Publix anchored shopping center for instance fully performing at an 11 cap then I know they are either misinformed or have pie in the sky thoughts that will never happen.

Simple calculation - average rental period for the area and "good tenant" profile (in our case, for instance, in Japan, its 4-5 years in the singles' units we like most), take 25% off that time for unexpected downturns (or more if your area is notoriously unstable), and work out the percentage 1/2 or 1 month rent income is of that period (in our case more like 1-2 months).I think, in the vast majority of cases, and particularly if you work out how many empty months bad screening or management can cost you, you'll see there's no doubt as to the financial gain potential a good PM or tenant placer can be worth.And that's without even taking into account the personal toll of time and resources spent when you do it all yourself...

For instance, if you get a 5/1 ARM IO the first 120 months is interest only no matter what the market rate adjusts to after the initial fixed 5 year period.My advice to my clients is that you should only do IO with more than 25% equity and in an appreciating market.

For instance, I asked someone how THEY built their buyers list.

Joshua Dorkin In those few instances where my straightforward answer came off a bit to harsh, I recognized it, and made sure I apologized :) It's always my intent to encourage people in their ventures and help them anyway I can.