Yes it cash-flows great (a little under $1200 a month, 29% cash on cash return), but the support and positive acknowledgement i received from the community for transforming an eye sore to a diamond was worth millions.

I don't do 0 down stuff and I am also looking for capital to do some rehab for value add and rent increase.Condo Details:-Current Value $260k-Rent $1875, (Dropped from $2375 from 3 years ago due to oil downturn in Houston)-Mortgage 15yr 3%, total mortgage payment inc HOA/Prop tax $2375-Remaining mortgage balance $130kI acknowledge this is a negative cash flow property. 

I asked her what about the damages and cleaning fees for smoking in the rental when it’s stated and she signed acknowledging she is not to smoke in the property.

One of the others just went under contract a week ago (I'm actually partnered with someone I met here on BP - Hopefully we'll have a success story to post in a few weeks) and three others have title issues that I'm working through in order to make them legally marketable (2 of them should be doable but the 3rd will take some CREATIVITY and hard work).I rarely acknowledge 'holidays' so I'm meeting with a buyer and seller (2 separate deals) today on a couple of Realtor deals I've been working (which I do if I can't make a wholesale deal happen cheap enough on the purchase side).

Should I have them sign something (before the closing), acknowledging that the appliances are owned by the property owner, or are the leases they signed sufficient? 

Now that I’ve closed my lawyer is reluctant to return my calls and emails, but does acknowledge the issue.

@Jay Hinrichs, I acknowledge that the rules (standards) for forum posts are different than for other transactions.

Yeah, that could work - but, please acknowledge what it really means to go with an FHA loan.Of course, you may intend to rent out all of it later - but you'll still have to live somewhere. 

We will acknowledge the level of “confidence” our algorithm has in expected rents as part of the search results.More comps, like a standard 2bd/1 ba unit in an urban area mean more certainty, but certainty is a double edged sword - it means that it will be harder to find a great deal.I hope this helps!

Think “I did it my way and that’s all that matters…”Maybe you get lucky and pass before you have to make RMD’s, your kid’s have to pay the taxes instead, and you never have to acknowledge the mistake.