Rates, Fees and procedure won't differ much if you are using an income based loan.

They can ask you questions that you might not though of, e.g: if a team member wants out - what's the procedure?

It's not that its harder to foreclose, you just need to make sure if/when you do foreclose that you follow the procedures for a primary.

This information can be instrumental in making informed decisions about potential tenants and mitigating the risk of future rental issues.Setting Clear Rental Criteria:To streamline the screening process and ensure a smooth and efficient rental application procedure, I highly recommend that landlords take the proactive step of establishing clear and comprehensive rental criteria.

If this is not obvious to you, then I'm afraid that you may be making other similar mistakes in your business operating procedures.

They just don't have the desire to learn the new investing procedures, that's all.

So here is my main question: what are your procedures for applications and lease agreements?

We recommend very simple procedure for our clients in this situation and it works all the time without any problems. 

It was unclear if the foreclosure procedure was still in the works..

I need some advice and some instruction on the proper procedure in writing up a contract with a private investor and contractor.