Sharing some info from two sources this weekRegarding states looking to strengthen seller financing licensing requirements and court decisions for those not licensed:First from Facebook group school of sharks:Hey guys,TX Dept of Savings and Mortgage Lending has some new rules that are expected to go into effect January 01st, 2025.

I've had a building burn to the ground and a fire resulting in partial damages, luckily no one was injured in either.

So I got a private message from @Peter Walther to the effect that he was not allowed to comment on this thread.Do you really need to be a Pro/Premium member to comment on posts?

. : $90,000ARV: $220,000-250,000CLOSING DATE: July 24, 20241,594 sqft living space 6969.6 sqft lotRoof/Ceiling: Damage from recent tornado.

Flooring can be a basic vinyl or even a DIY job using peel & stick flooring.Expensive materials is more risk for the landlord because when they get damaged there is more likelihood you will lose money on the deal because collecting damages exceeding deposits if difficult.

**Cancellation and Termination**: What are fair and effective policies for early termination or cancellation from both landlord and tenant perspectives?

In other words they are effectively DSCR loans.

The disposal in the kitchen is damaged and doesn't work.

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

Many don't, effectively screening themselves out here too.To avoid wasting time, you can set up multiple showings at nearly the same time - assuming you're getting enough interest from prospective tenants.