Also it depends on if they originated the loan or took the loan over from a bank buyout or part of an FDIC package where some banks were closed down.The percentages of loan types on the books versus the new loans they are underwriting will also make a difference.You could also talk to the loan department and see if they will sell the note at a discount.

I'll probably go with someone cheaper, but I needed one more quote to get a feel for the price range of the repairs versus replacement.The other reason I'm OK with paying for the quotes from new contractors is that it's worth it to me to meet them and get to know their MO before they start working.

Right now my current report includes the following:1) number of calls2) number of pre-quals ( per our standard checklist)3) number of showings4) number of applications taken/given (app feel collected, status of current applicants)5) feedback from the unit (why people chose not to rent)I want to create a more thorough report to provide our owners and I can't think of anymore info other than "days on the market" I want to be able to adjust to the market and provide my owners with a reasonable market rate/ adjustment versus their cap expectations..What type of information/feedback will make you more comfortable with your PM.

To add to Ben's statement you will also incur an early withdrawal penalty if you are below 59.5.Will, Again the difference is management versus repairs etc.

I tended to get a Quick Start on projects and was willing to actually take action versus just talk about taking action.I learned to hire or work with people who had the instincts to do the type of tasks I resisted.

My question is: Does your broker have any problems with you being an investor versus a full-time RE agent?

I'll take my chances with 1 deranged gunman versus 50 "good samaritans"...

Depends on trends and the lifestyle patterns of the area for what is customary.There are other SFR versus Multifamily topics that go into great detail in the pro's and con's of each.

A lot of properties won't make it all the way through the process before you decide that they won't work for you.As far as what kind of repairs are ok to attempt, versus what to run away from - that's a tough one.

I would say urban core areas in many states only had a mild dip and have quickly recovered versus suburban and rural areas that recover last in a down cycle.So I am seeing some recovery in my market in certain asset classes but not mass recovery across the board.