But another clause would virtually shut down private lenders – a critical source of capital for many real estate investors.HB 747 removes the exemption to the Florida mortgage licensing law that permitted private lenders to loan on 1-4 family housing units that are not owner occupied --- i.e. investment property (by deleting language that was always in the Florida mortgage law that excluded loans ‘primarily for personal, family or household use’ from the definition of a mortgage).

and I agree with William Harvey, make sure your insurance is sufficient, comprehensive and current for each of your flips.

It's non smoking, minimum income of 3 times the rent, basically all stipulations listed in Brandon & Heather's management book.We had a prospective tenant ask to bring her 10 week old German Shepard (it's pet friendly at owner's discretion), she admitted that someone in the household smokes but insists that it won't be an issue, and her income is barely over the rent...even AFTER I went over all our qualifications with her.Am I still supposed to show the house to her?

Get a comprehensive plan that pays the replacement value (vs. cash value) should you have a loss on the property.

It's quite comprehensive and fit for purpose. 

We also require 3 times the lease payment in household income, so again it disqualifies section 8 candidates.

Now my current household income has nearly quadrupled, and while the monstrosity that is the student loan balance eats up a significant portion of monthly earnings I am nearly at the point where each (three in total) written-off account shall be PAID IN FULL (!!!

My ultimate goal is to have multiple properties the generate enough cash flow to fund other properties and eventually a primary household. 

However Baltimore is the only city in the top 25 markets where the rental rate of return is over 20%Baltimore has one of the most stable economies in the United States, median household income averages $70,000 which ranks #4 in the U.S.Baltimore’s millenial population has grown 16% in the last 5 yearsBaltimore has over 1,000 miles of natural shoreline making it one of the most beautiful places to liveBaltimore gets over 2,000 hours of sunshine a year, rivalling Florida as the “sunshine state”Over 2.7 million people reside in the region making it the 20th largest metro in the countryHigh opportunity and relatively low home prices make Baltimore one of the hottest Real Estate markets in the nationHope this helps you Zaki.Yvonne Dupree

Her knowledge of the SEC requirements is essential to providing quality and comprehensive documents to get started in any Real Estate Investment, including Multi-family.