Also, newbies have limited experience in with financing so the refi may be later than planned.Generally, I think its somewhere between a bad idea and maybe just a "trial by fire" for the newbie to learn about a remodel and don't necessarily expect to do the brr well. 

There does seem to be a lot of variation as to if it is enforced because I have heard from people that have not had to install them. 

Hey @Jason mcvey here is the trial link: http://flipstersoftware.com/lo...FYI there are different levels of this when you go to purchase it.

@Jessie Park - Yes, do they own rental property themselves and have them gone through the same trials and tribulations fellow investors have gone through?

I'm trialing this out with one client.

Total trial by fire - I signed up to manage a 20+ door unit that rents primarily to college students in several years ago. 

In terms of specific data sets its a trial and error thing. 

The old law stated that if a tenant didn't prevail in an eviction lawsuit within 60 days, their names get revealed and can be collected by tenant screening companies.The new law says that the names get reported only if the landlord wins within 60 days, or if the landlord wins after trial if longer than 60 days.  

You can find them under Meetup.com under Drinks, deals and meals or some variation of that.

I reckon the "principal-only" repayments (rather than the more usual "interest-only" repayments variation) is the BIGGEST plus for this deal!