In some markets, supply remains very low, and prices continue to creep up with demand. As

In Calif that's a whole can of worms on limits, 1099 and liability.Also States have requirements for on site managers: in Calif it's 16 or moreTo get him out, DEMAND a surety bond with you as Also Insured. 

They want to deny you a paper trail to show to a judge in court.They also won't be giving you any receipts for the cash either.Personally,I would demand a contract to sign and receipts for any cash given.Maybe you should look someplace else to live.

The seller may have a "wish list" and may want or even demand a certain price, but it is you, the buying market, that will set the price.

Originally posted by Saj Shah:I'm solely focused on buying multi-families in East Oakland(also @erick berthaldan)Random thought of the moment:If Hooman Freaking Sultanpour is ever your assigned appraiser, start flipping out right away, say he was sexist/racist/whatever against you (or the realtor), and demand a new appraiser ASAP.Unless of course you want to use the low appraisal to negotiate the price down.

They give you the homework assignment to go home the first night and call your credit card companies and demand a credit limit increase.  

Demand a copy of the contract to prove they have an equitable interest.Unlicensed brokers generally have no insurance.

., is it an up-and-coming area, crime high/low, investors looking to buy in this area b/c not much money needs to be put into rehab but can still demand a decent rent, etc.Thank you in advance for all of your insight!

Otherwise the renters can come back to you when they move out (months or even years later) and demand a security deposit that you had no idea about. 

Otherwise you risk creating an issue down the road for the new property owner, and possibly having the bank demand a payoff in a very short time period since you used the funds.