Don't need an LLC, which adds to the cost (for now since everything is in a trust and I have an umbrella policy for liability, eventually I will get an LLC where I can spread the costs out)I wanted to get everyone's thoughts on this.

Of course they also have the risk spread.

They then send out what properties they have under contract to their list of buyers hoping to make a spread on the deal.

A lot of properties don't enough spread to even meet that minimum, so it just ends up being the new assessment ratio.It's actually really easy to fill out the application and submit, but they will not respond and tell you whether or not it's been approved.

I can't tell you how many times I had to pick up the ball and do someone else's job besides mine in the process or else I'd never close the deal.Hard Money terms you can find:If brand spanking new and are a 0% - you will find 75% or 80%, maybe 85% if the deal spread is very good and your credit is very good. 

I've been focusing on fourplexes as a first investment to spread vacancy risk but the inventory in my driving area is pretty low.

Excellent customized spread sheet. 

Reading the book is great; however, your market, your projects and you person experience will help you create a deal with better spreads and everything else by getting those bids and use that knowledge for the current job and future jobs.

He's been providing paper reports but next year they have requested that he export these into spread sheets.

My property manager was diligent with picking the right tenant, which I appreciated, but that comes with really narrowing down a pool of applicants that would have been okay in the short term.I am trying to decide what is best right now and getting them rented out would make sense, but my problem is the lack of funds I currently am facing to rehab them to get them back to rent-ready condition and the monthly mortgage really hindering my ability to save up for these rehab funds.