If you cash out refinance, you are sitting on the full $300K and since you won't be deploying right away or all at once you owe money every month for essentially no reason and that's a waste.

There is no better marketing than returning some or all of our investor's capital, maintaining the promote splits and delivering a really great result to our investors. 

You should have also been credited on your closing statement for any deposits and rent retained by the owner.If the tenants truly pay for the previous month and are on month-to-month oral leases, give them proper notice that you are terminating that lease, and if they want to stay establish a new lease where they pay at the beginning of the period like 99% of the population.

:shoot: Many of my investor friends have told me that their credit lines have been cut, interest rates boosted, and I've heard plenty of other stories from people with good to great credit of credit woes thanks to (Pick one or all: the economy, greedy banks, Congress & the Obama Administration, Bush, Fill in the blank ________).Have You Had Your Credit Affected thanks to the Downturn?

Identify if the owner pays any or all of the utilities.

Just your hard money costs and refinancing costs will eat most or all of that up.

In fact they all have numerous repeat clients and manage some or all of their holdings.

I don't think I would do a co-ed type of situation, it would be all guys or all girls as there is only one bathroom they'd have to share.I'm from Canada and we're allowed to rent per room here.

They are only responsible for a portion or all of the rent.  

Hey Ryan Poske so your company offers contractor services in Indiana or all over the U.S.?