We have several 8 year properties that the tenants have paid 100% of the initial purchase price of the property.

These files were standardized forms that many other lenders in the past have given me up front or not long after the initial engagement.

I think it’s normal and expected that hosts provide an initial supply of these items.

It was initially looking like we were making progress but it appears the project is stalled for the past 2.5 months.  

I was initially drawn in by the low fee, which has since fluctuated, but may still be the lowest out there.

I have used it as simply an arbitrary number. 4033 LEWEIR ST, 38127 : https://docs.google.com/spreadsheets/d/1BCW5cMoX7TrWKk3BwJRQ...Offer Analysis I my initial offer was around 20-25k.

.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.

My initial goal was to earn $100,000 per year, and with our combined efforts, we now make approximately $16,000 per month.

Initially with the 3 rents it looks like it would be a go for me.

Lower interest rate at 12% is $8,400 year ($42K for 5 years) plus his initial investment of $70K equals $112K.