Not every investor wants to be a contractor like you've chosen to do.

When people are rejected, do I need to call them and tell them they are rejected and why, or can I say when they fill out mysmartmove they'll only be contacted if they are chosen to be the renter?

The mentor I have chosen wants $500 a month for 6 months, for a total of $6000.

I told him the same sort of comments I made at the beginning two paragraphs of my post here ...So that is why, although it may be hard at times, I have chosen to handle the tenant selection myself (at least for now).

What they find out a few years later though is that they may have accidentally chosen the real hard way!

So, I will continue my learning over my chosen subject and I'll definitely ask questions as soon as they pop up.

Moves and transfer or someone approach to buy my unit.I'm also getting ready to get my license.My rehab should be down in a few weeks.If I pass exam it will be under my chosen broker until I have my physical license.I haven't had any new agent training.

I agree with the concept that a name should be chosen according to who you want to attract or market to.I favor one name for colleagues in the biz (lenders, other investors - particularly those who buy properties from you, etc.) and one name for sellers.

My advice is pick one area(zipcode) that you like, and really focus to learn what rents are, what values are, and know everything about the 10-20 homes within your chosen zipcode(1 mile focused area).

Interest rates are chosen base on price and are affected by the origination cost (which is not necessarily disclosed) For example, let's say:4.375% would cost you 3,5004.5% would cost you $500 in adjusted origination charges4.625% would give you a small credit of $1,500 to go towards your other costs.A lot of times what you will be offered is 4.5%, but this doesn't mean you don't have access to higher or lower rates, it will just cost differently.With a lender that charges significantly less origination, 4.375% might only cost $500, and therefore be offered to you.The new QM rule now imposes a cap on fees and points that can be charged for the borrower.