Vacancy is an understated expense, besides the lost rent there is painting, cleaning, and other repairs.

If the property cannot be purchased using appraised long term rents to debt cover at 80% LTV, try to qualify the loan under ST rental numbers, IF your market has an abundance of ST comps.

And stating that you *will* increase rent beyond what's allowed under state law is probably inviting a headache you don't want to deal with.Good luck!

This put it into light for me so much highly appreciate this getting more and more familiar with the previews everyday understating it and putting it into action I have been talking to agents and also looking at properties and doing the numbers nd applying for loans.

Wholesaler deals I get from general website where wholesalers send you what they have (like Investorlift) seem to always overstate the ARV or understate the repairs needed.3. 

When just looking at a graph showing the percentage of houses institutional buyers have purchased in the last few years, it would seem that Elizabeth Warren and Greg Abbott are, if anything, understating the problem.Share of corporate buyers in the housing market (2000-2020) – Yahoo!

@Bruce LynnThe bankruptcy was filed in Delaware and I don’t believe you can “hide” your proof of claim, you could understate I guess if you are embarrassed but I am 99.9% sure this will all be public record.

DisclosureOnce you become a licensed agent, under state and federal laws you will need to make full disclosure to all sellers and buyers about any property that you represent.

If you work at it, it will pay for itself.The importance of working at it cannot be understated!

If the rental is being converted to a condominium, the tenant must be given a 90-day notice under state law.