A well connected agent can also tap into their network.. for instance, probate attorneys might know of people seeking short-term solutions.

It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.

For instance if I’m looking at potential capital expenditures over the next 5 years and the range of the cost is between $25k and $75k, I would use $75k in my projections.

In these instances typically the lender will pay it to protect their interests. 

All you have to do is look at the better business bureau complaints and the continuous instances of predatory billing practices to know how much they care about their customers.The 5 star reviews are a sham.

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

Document clearly anything you do to screen the applicant and make sure you do the same for all similar instances.

The rare instances they are caught there is no consequence.

Renting a garden unit, for instance, could generate $1,200/month but must comply with city codes to avoid fines.4.

In almost all instances.