If they do not approve then what that means to me is the property and the realtor were not a good match for us.I will monitor this thread and see if more logic comes through.Jon, thank you.

Due diligence tracks our progress and identifies any red flags pre-purchase; Borrower Management to track the data relating to the borrower/collateral documents/property; and Legal to track/monitor where we are at with demand letters, trustee sales, etc. 

Your PM is supposed to be overseeing the GC and their workers, monitors timeline, approves draws, etc.

$17,500 for a 2 story condo from a gentleman that just got out of jail and needed to pay for his ankle gps monitor like Right Now. 10 years and a 100k dollars in rent later I still have the property!

I've been monitoring the economy in ID more than NC, since most of my properties are in ID, and I would like to sell one or two properties in ID first.

Some work benches in the garage and a piped in compressor, a gas log in the master bedroom, defined place for a monitor in the kitchen corner (use your imagination).

Russell, my market is small enough that I've been able to monitor local home sales to determine what moves.

Water problems of the kind that require 2 sump pumps and constant monitoring are not going to make a good rental situation.

Firstly and most importantly know your risk tolerance level.Second know how to set and monitor goals in keeping with the above.Lastly understand maths, (I think you Americans call it math), and learn to leave your emotions at the door when you analyse deals.

Because of the way the deal is structured we are still under the insurance policy that he had in place (his is much less than we can currently insure the structure for).The manager has offered to put the set in his backyard (he lives in the single family home) so it can be monitored easily.What advice would you give me in this situation?