A colleague of mine just revealed that she has a friend on city council so we are going to see if he can provide any guidance but at this point I'm halfway through the eviction process and may just have to see it all the way through :(

Under the worst circumstances, if you can still cashflow as an LTR, then you'll have some cushion in case "seasonality" reveals itself to be a saturated market.Third: Analyze the main factors for STR for your property = projected ADR (Average Daily Rate), occupancy (days booked divided by days available), and average length of stay.

A Trustee, except in certain federal &/or criminal matters - not civil cases, cannot be forced - even under oath - to reveal the beneficiaries of the trust.2. 

@Alex Kholodenko, if the seller is willing to carry a first of 150k you need to pause and ask yourself why.The link below reveals more shootings in the area near subject than would make me feel comfortable but to each his own.http://m.spotcrime.com/mobile/map/index.html#700%2...

I just don't know if that would hinder me - requiring interested investors to sign this document before revealing the property address, etc. - your thoughts?

The next crash will reveal all 5 bubbles but it’s hard to say what will trigger it but it’s likely not to be housing this time around like last time but it does play a role.

Seller Disclosure revealed that there had been a fire from the fan in the bathroom that spread into the attic.

The second guy was very eccentric, acknowledged any credit check would reveal a bad credit history including he claimed lawsuits.

It was after sending my broker contact to do a drive by.. it was neither occupied or even rehabbed it was still sitting there  apiece of poo poo  never touched... easy examination of title docs revealed the TK marketer hammer in Aussie bought it for 15k and sold it for 125k and never touched it..

We are also looking at potentially using the 203k program to roll our renovation costs into the loan and possibly aid in getting the reno work done by professionals in order to alleviate having to live in a work site (which we've done before and now dread).The property will be free of tenants to allow us to do a full renovation of all the units before raising the rents to the appropriate values for the current/future market.With that in mind, we have our inspections and walk throughs scheduled for this week, which may reveal more costly repairs, but assuming the major categories check out (roof, foundation, structure, permitting/coding, plumbing, electrical), we're wondering if any of you have recommendations for contractors that could assist us in getting this property turned around on-the-quick.