I’ve been securing great deals for clients in the Hampton Rd area. 

Ensuring a solid lease agreement and security deposit will help mitigate this.

Hi @Shawn SmithI am a US loan officer in Toronto, assisting Canadians to secure financing in the US.

While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall. 

It's impressive that you secured a deal like this with no renovations and turned it around the same day.

After a few candid conversations, they realized they could negotiate slightly higher rents by offering small improvments..things like better loading dock access or upgrading the security features..turning a so-so cash flow into something much healthier.When you break down your family friend’s situation, it might help to consider these angles:Selling and redeploying capitla could open up opportunities in markets where cash flow is a bit juicier.

Good Morning,I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Coast of California.My wife is the only one working at the moment, so times are tough to say the least.We're looking to rent out a portion of our home in order to save up enough money to purchase our second home (or multi-family unit), rent that out, and begin to expand our portfolio. 

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?.

I have given away copies as gifts and loaned mine out to lots of people. 

Your refinancing costs + new fha loan would be about the same as just using a 5% conventional loan for your next property.