I may approach others at the auction who are doing the same and propose splitting costs since we would all be running searches on the same properties anyway. 

Are the developers looking to purchase or proposing a JV with you the seller?

Make sure you have a minimum credit score and stated income-to-rent ratio (3-to-1).I'd propose requesting tenants to set up online auto-pay.

Yes - either because the HOA lien was recorded before the mortgage, or due to super lien legislation in some states that bump the priority.

This I add to my down payment amount.There is more that can be considered, but these are usually on the top on my list of information to gather when doing an analysis.Hope this helps.Alex Alex had a great proposal and i would highly recommend using the info provided. you can find a lot of information at zillow.com in regards to rental value of the property and also taxes paid each year.

I asked for a proposal and received something like yours.

Statewide legislation on this has failed to pass the General Assembly more than once, so the law varies by county.You can meet with other landlords at 6:30 on Monday 3/28 at the Canton Docksider.  

May I ask what bank is proposing to give you a line of credit on your investment property?

I would select the first option, but I'd like to know your expert opinion, and also if is normal way to propose a flip without option period...I look forward to see some suggestion.Thanks!

Depending on the size of the building we would propose 5% to 7% of the monthly rent.