- You've got to go to the property for showing- Many do not show up, so you waste your time- Then you have to have a legally compliant rental application & lease- Some approved applicants disappear the day before or day of lease signing!

Yes you do have to pay PMI when you do this but once you hit 20% equity you can get it removed if you buy with a Conventional loan as opposed to an FHA loan.

I wish I could pull something off like that... basically, its a fee to make sure you don't waste the lenders/broker's time.

I would remove debt to a 7-10 year time frame and lower fixed costs, at minimum.

This may be an opportunity to remove the tenant, refresh the rental, and increase rent significantly with a new tenant you've selected and trained.4.

Prop 33 is trying to get the exemption on rent control of SFR removed.  

You would have to go after the one individual for non-payment and you could only remove the other three by going through the legal process like you would for someone on a verbal agreement, which puts you in a he-said, she-said situation. 

No system is perfect, so don't waste time chasing after the next shiny object.

Saved me a lot of wasted time on the job.It really is one of those things that seems more daunting than it is, getting into managing new construction.

They recently split up and the wife is asking to be removed from the lease agreement.