- The rule of thumb I would use is, buy the in good faith that you are willing to occupy it for a year and plan on doing so. 

Or is this done in good faith that their members will continue to abide by their NACA loan terms? 

Additionally, the jury found that Baker's action against the Gamboas was brought in bad faith and *8282 awarded the Gamboas attorney's fees against Baker for $67,500.00 plus additional attorney's fees in the amount of $25,000.00 for appeal.

But that's putting a whole lot of faith in a tenant.

After this deal, that is still faithfully paying, i remember looking at some turnkey deals and really turning my nose up at them thinking the exact same thing "why would anybody to this for $150 a month" here is why i have changed my strategy to a turnkey that may pay 10% ROI versus a virtually no hassle note investmentDownside of notes:-Vacancy on Money.  

You should be able to have full faith in them, and receive straight forward answers since they are more familiar with the area.

Then, all you will have to do is take that leap of faith to get into the game, which will be difficult to do no matter how educated you are. 

Your lender should send you a good faith estimate on what your PITI will look like before you close the loan.

So, make a good faith effort to check it out either way. 

I have faith that it’s all in Gods hands to decide when it’s the best time for this to go fully through, however, I’d like some pointers from the BP community.