I know plenty of people who take that risk because they presume the lender will overlook it if the monthly payments are being made.

Start with one (presumably the one that needs the most work) and go through the entire process of 'rehab-through-rented' with it before continuing on to the next.

The trustee sale inventory is pretty low as well at 901 for Maricopa County as of this morning with these 901 loans attached to properties (some 1st, some 2nd liens) being auctioned over the next 90 days.I would never presume to know if, or when a market correction is going to happen. 

So from his point of view:Forced to sign a new lease, at an increase I presume?

I presume you are saying "yes" to the 3 lists in 3 counties means you need 9 numbers, but what about the other part?  

Presumably, she went to a doctor but is unclear communicating to the PM what "type" of doctor and cannot produce any documentation that shows whatever it is she has AND that the home is the cause.I told the PM to have a professional mold restoration company go out to the home and do what ever testing they need to prove one way or the other.

(And that's just out of pocket, so I'm presuming it's more.)   

If I'm understanding this correctly, you buy a distressed property on the cheap (presumably with cash), rehab it and average 50% increase in equity, rent it out, then do a cash-out refi.

(My question for BP people in America is what are the general tax rates you have to pay, and I presume this varies from state to state.)

I did throw in some guesstimate numbers for presumed purchase costs, but would like to get into this property with as little out of pocket dollars as possible.Provided my assumptions are reasonable, I'd like to make an offer, and then confirm the deal by completing MH Park due diligence to verify the assumptions...but that's for another discussion thread!