Randall, those are very real concerns.Don't forget rent control proposals quarterly, first come, first serve screening, ESAs dictate how we handle animals, and show cause terminations of m-m agreements.I am afraid some of these policies will drift up or down the coast or East over the hill to us. 

Ancient history.It's interesting to know there are fake leases out there floating around, along with the fake pay stubs and fake references.

Hey all;I wanted to float the question of deposits, and “What are they good for?”

Then you'll have to come up with around 15% of acquisition + closing costs and some float dollars to begin your rehab and pay the mortgage costs. 

After networking with a dozen or so people and telling them what I do and what I'm looking for (mobiles and small bank references at the moment), I drift over to the group that he is currently holding sway over.

I know that there was some legislation floating around to preclude this in the case of mortgage defaults on owner occupied homes, but I haven't been keeping up on the status.Hope that helps.

It was slated to be a "Village" which was to include retail stores, condos, floating stage on the lake for concerts and so much more to surround the Westin 4+ star hotel.

I find that working on a floating margin based on completion of work is a good way to limit financial exposure on a flip.

They either have a line of credit (which floats) or cross collateralize (offering up equity on paid for properties) or 5 year balloon type loans (15-20 year amorterization).

The nice part is I could easily float the mortgage with just extra money that I am socking away now so even if I was tenantless I'd be just fine.