Would be rehabbing the property in Nov/Dec so I would be covering those costs.....would definitely need to increase my estimates for rehab!!

We will be announcing some great funding news in the next month regarding our new lending division which I think will be certainly viewed as innovative. 

I definitely think it's innovative and potentially very rewarding.

My first free session was back in Nov 07.

An interesting book is "The Innovator's Dilemma" by Clayton Christenson.

With that said, challenges of course remain, and innovative solutions will have to be applied to ensure that the cost of complying with the regulations does not out weight the benefits of even trying.If I hear anything more, will def check back into this thread and update accordingly.

Rather:  always think, consider, ponder, create, innovate, and adapt.  

Special assessments or HOA or city related ordinancesAlso, if you did the math, and based on my personal observation, land lording as a means to financial freedom is very long and tedious unless you have some other form of income to break the cap rate on the property, or have some really innovative way to acquire property (but this often in itself needs some level of capital).If you have very little capital, I would save the money (i am generally risk averse), and use sweat equity, like being a realtor or wholesaler to build the funds to invest, then combine your knowledge with things like options trading is where it all comes together and makes sense. 

What creative or innovative ways have you seen RE businesses make their mark on their respective communities? 

If his deployment date is unknown, that is a tougher call as you don't want him moving out in Nov and having to find a tenant at that time of year.