Example: $500k home sales price, typical buyer agent commission of 2.5%, meaning buyer agent commission is $12,500.

If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.

Even with the mortgage paid off, some of the $2000 in rent will go to maintenance, repairs and property taxes.

From what I have seen, the typical remedy is termination of the contract, refund of the EM deposit and all expenses incurred by the buyer during the failed transaction.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason. 

Google permit expeditor or ask the county who typically is used.4.

For the property I purchase, I’d like to keep my monthly mortgage payments at $2,000 or less.I prefer a turn-key property since this is my first rental, and I want to start generating monthly cash flow immediately without the delay of repairs or managing two mortgages.

While they typically have considerable deferred maintenance, we're getting great terms.

Hey All, I’ve found an off market duplex in need of some repair (estimate unknown as I haven’t been inside yet).