Learn from my mistakes, always correspond with tenants via Certified mail Return Receipt Requested.

Certified mail with receipts, photos of checks, save and print all correspondence in case you need to go to court.

This list would contain the zip code and corresponding name of the municipality.

This list would contain the zip code and corresponding name of the municipality.

We corresponded via email continuously until last night and stated that we will still return their full security deposit, granting they leave the house in the condition it was in prior to moving (we have photos of the house prior to their move in) and pro-rate the rent based on the number of days they have stayed in the home, which was from the beginning of the month, once we agree on a date for them to move out.

Would you be willing to receive four draw payments that would correspond to four phases of the rehab project?

I know that in my market and in many others, volume is way up but prices are not necessarily rising in correspondence.

Finding the correct one is a chore - especially if they reside out of state, don't correspond with you through Facebook, or otherwise have easy to trace connections to you.Also, I'd use multiple trustees and not rely on only one.

I would recommend a broker or direct mortgage banker/lender (often called a correspondent lender, in the industry). 

However; I have several different people through BP that I correspond with wanting to learn about development/construction, and also real estate agents needing help on various subjects.I actually did my first blog the other day on development, to try to give people an idea of what our process is, etc., and will be doing another one this week.