My friend scheduled for the electricity to be turned off after the tenant assured them that they would be gone by September 30. 

They should be responsive and communicate clearly, possess a strong understanding of the local market, offer reasonable rates, and support borrowers throughout the process, all while ensuring legal compliance to protect your interests.

If not, that work will likely come due later if it wasn't done in compliance or off of YouTube.Flipping right now is very hard, and much harder as a first-timer trying to DIY it with low inventory.

(Joe & Frank) already extended a $2.9M interest-free short-term loan (that) must be repaid promptly to maintain compliance with loan agreements and ensBasically, you will be bailing out Joe and Frank. 

A good lender will jump through hoops to assure a seller/listing agent that the deals going to close, not create barriers to that information.

Typically I would run a stress test to assure what my max purchasing/borrowing power would be because there are multiple factors that could influence your borrowing power such as house market prices, rates, income, liabilities.

I'd recommend getting familiar with those to make sure you are operating in compliance.

When it comes to tenant screening, it's important to balance your right as a landlord to protect your property with compliance with Fair Housing laws and local regulations.

You can get significant savings for legal and compliance costs in addition to providing one PPM and one K-1 to your investors regardless of how many deals they invest in. 

Others are duplicative and require resources to confirm compliance with multiple regulators with overlapping jurisdictions.Further, the study noted that “[Three quarters (74.5%) of housing developers said they encountered “Not In My Backyard” (NIMBY) opposition to a proposed development, adding ~ 5.6% to total development costs and an additional 7.4 month delay.]”Wow.