Basically that means don't operate as a business,  use your own money, if you borrow you need to borrow from your own assets or place your assets at risk to obtain funds, not the note being purchased, have the intent to purchase for your portfolio, don't churn notes excessively or get into swaps, don't become a lender, just deal with seasoned notes.

We can swap out locks between tenants very easily.http://landlordlocks.com/

PM me on here and we can swap emails to see if anything you have would work.

But that may not matter if you swap it for another used car.

I upgraded the windows, added granite, and swapped out every single door and door hardware throughout the house.

Also, does the swap cost include the total price of the property swapped or just the net gain?

Sometimes you have to go digging, though.If you decide it really is busted, it might pay to get a used, working dishwasher, swap it out so the tenant is happy, and then fix the busted one at your leisure.The way most older and less expensive dishwashers work is...All the power runs through the door latch, so nothing works unless the door is closed and latched.The timer turns on the water valve to let water in.A float switch turns off the water valve once enough water has been let in.The timer starts the main motor, which pumps water through the sprayer arm(s). 

Capital is searching for yield.shadow banking is heavily in RE, considering that money floats could effect nationally with just 1 point jump in libor or 1 & 2 year swap rates. all commercial retail and single occupancy retail are going to run into some issues when their notes are due. $200k, if you are nervous buy a smaller deal with less leverage, buy a $600k vs $800k and put the whole $200 down, or leverage it but put a more aggressive debit pay down strategy in place for the first 2-4 years. my $0.02

Hello,Just wondering if anyone is part of a book swap or exchange?

People who actively trade Stocks, Bonds, credit default swaps, Options, Futures, Commodities ect.