Looking forward to meeting likeminded people :) 

For example, in my state PA there is an inheritance tax and many TAX auction properties originate from people passing away and the heir(s) not taking control over the estate and paying those property taxes.

That’s the stuff people gloss over in spreadsheets but makes a real difference in how smoothly a project runs.

The credit committee is usually made up of local people who are familiar with the market they are in.

In the “old” days, people would have the seller pay the lender so as to not “alert” the lender that a property sale had taken place, so that the lender def wouldn’t trigger the so called “due on sale” that’s a part of almost every mortgage or deed of trust document.  

They likely know people in the area, and then they might feel that you are trying all avenues to find the next tenant.

Otherwise perhaps your winter people will pay $500 extra if your cap is $500 and that is not what your competitors will be doing. 

I see you are in the State of Georgia and it is a great place to invest.I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

Too many people try something for a short time and are looking for the magic bullet strategy but the true winners in real estate are those that do one thing a bunch of times over a long time periodHope that helps!

This is a real estate group so I’d assume a lot of people own a lot of real estate.