In the Reno market, we have access to hyper-localized and up-to-date rental data and local knowledge of different areas, providing a more accurate picture.Remember, buying real estate is a liability until you sell it, at which point it becomes an asset.

Did the book provide enough information to get started such as contracts, tax liability information? 

The longer you hold at the higher HML rate will really impact your bottom line.

They provide real-time access to credit reports from major bureaus—Experian, TransUnion, and Equifax—without affecting the consumer's credit score.Setup Process:Application Submission: Complete a formal application through Soft Pull Solutions.Documentation: Provide necessary documents, such as proof of business operations and compliance with legal requirements.Website Review: Undergo a review of your business website to verify services and permissible purposes for pulling credit reports.Onsite Inspection: An inspection of your business premises may be conducted to ensure secure handling of credit information.This process ensures compliance with legal standards and typically takes a few days to complete.

The merchant also failed to provide proof that the cancellation policy was properly disclosed to the cardholder."

Generally speaking solid insurance and a good umbrella policy will provide ample financial protection for most liabilities.

I guess I was looking at this as a low-cost of entry type of property that could provide some cashflow.

Do you have the Capacity/Ability to close, do you have the Character/Credit to close (including relevant experience), and do you have the liquidity to properly provide enough collateral (are you injecting enough into the deal).

The appraiser will provide a rent survey and a rental amount that will be used to structure the loan- more on that below. 

Hey Ben, it's great to hear about your passion for real estate and the impact you’re making in Des Moines!