Local lenders will do better in terms of winning properties, but they don't have to be mom and pop.

If there is a discrepancy from what you were told then you ask for a concession on the price in accordance to what was missing in incomeIf they show you an actual rent roll that will give you an idea of income, delinquency and lease terms.It's hard working with mom and pop sellers.

My mom had a fire start in her garage over the dryer lint.

Plan is so that he can retire and him and my Mom can be financially secure on rental income while my sister and I manage the properties in the trust. 

The month of June my parents stayed in the property from out of state (the whole reason we bought it)  July was $2200 (only 3 weeks mom and were here first week of July).  

I recently renovated my childhood home while being my mom's conservator during her illness and I fell in love with the process.

These are all mom-and-pop operations, so setting this up was easy.

Nickerson was definitely the OG of mom and pop residential REI. 

I am a single mom but have been working hard to become familiar with this new world, and my long-term goal is to buy more rental properties over the next 10 years.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.