Insisting on renewing leases seems like stress on a tenant with little to gain.

On the other hand, if you intend to buy and hold the #s may make more sense for you.To your main question, there are lenders, but every one I know is going to insist on being in "first position" (i.e., being a first mortgage).

I should have insisted on a 1 year lease and if they refused gone onto my other 11 qualified candidates.

Problem solved ... why does everyone insist on short cutting important steps to try to get rich quick?

There is a gap in the sewer line in front of the property that extends for 4 houses--the City Engineer insisted that I must complete the sewer in front in order to complete the lot split (an additional $40K or so expense).

It also affords me the opportunity to insist on conservation and make the adjustments necessary for conservation.Seems you would be inviting a monthly problem by splitting it your way- Each tenant would be alleging the other is using more then their share.

Or as a buyer, would you insist on only offering what is justified by current operations?

I've attended to seminars based out of Louisville Kentucky (parents insisted I went).Other than that I lean on my father and mother as mentors as they have been investing in real estate for 14+ years with 40 units under their belts.

While some people don't believe a their is a secondary market in property tax liens there are people that insist there is.

Her name on her driver's license was one letter off from the results, which were bad, but she insisted that was another person.