The only exception(s) to this (if any) are the items reflected on theaccompanying Escrow Holdback Agreement, if applicable.Citizens is authorized to disburse the final draw in the amount of $________________ in accordancewith the executed Disbursement Authorization on file.It is understood that, in the event the Borrower(s) are dissatisfied in any way whatsoever with theremaining construction after completion by the General Contractor, their sole recourse is against theGeneral Contractor.Borrower(s) and General Contractor, jointly and severally, agree forever to fully protect, defend, andsave harmless Lender from and against any right, interest, claim, and each and every of them, ofBorrower(s) or General Contractor against the Lender, against all losses, costs, damages, and attorneyfees and expenses of every kind and nature which the Lender may suffer, expend, or incur under or byreason or in consequence of holding the remaining proceeds as provided herein."

CR had put significant $$ into renovations so these row houses were really like all new - roof, appliances, gutted throughout etc. it was understood that many of the rentals would be Section 8 which is a good secure investment.

Understood, did not know that .

Thanks, understood. 

They understood our position and we just weren't a good fit for them at the time. 

Quite often with my knowledge.I myself currently understand that the better the job I do negotiating on a property in putting a transaction together, the greater my return will be.This needs to be understood, and throw out the numbers.A friend of mine recently made $100,000 in five weeks.

Hence our newbie investor is getting confused again.It's just, retail investor like us, sometimes getting bored too giving the answer/help.It's the visualition of mortgage, loan, P&I, loan product , amortization that's very important here to be understood by the investor.

I never understood this idea of 'I want an str so I can have a vacation home a few times a year'.

I never understood the fascination with concealing the identify as a property owner.

Understood, the bricks should only take up about 3" from the edge of the window well opening so hopefully cars are not driving that close to the window well.