We prefer not to have pets but do a through screening of tenants and pets so hopefully avoid some of the excessive damages by getting good owners.

We were doing a VA loan, and the underwriter needed to be sure that the home was going to be the primary residence..One of my colleagues just closed a purchase in 7 days, after the borrower had issue after issue with Provident (different mortgage company) and was close to missing his deadline.I prefer being able to obtain exceptions on a case by case basis, rather than having to fit everything into a little box.

To do this compare rent prices of 3/1s to 2/1s (order of preference if available: both condos in same complex, condos in same area, SFRs).

In fact, I had several tell me it was illegal.I live in the S.W. burbs of Chicago, and prefer someone fairly close as travel is difficult.Thank you in advance for any help.Keith

And, in a Reverse 1031 Exchange, the Qualified Intermediary is required to acquire and hold ("park") title to either the replacement property (preferred method for the taxpayer) or the relinquished properties.

Our preference is also to buy at home, but late last year we started learning about different Cities in the U.S.A. as we can probably get more return for our dollar there at the moment.

You don't need a "company" (LLC, etc) yet.What you need to get started is:1) A process2) A teamKnow exactly how your process will work:a) Meeting cash buyers & understanding their needsb) Finding motivated sellersc) Evaluating propertiesd) Calculating offerse) Testing the water with your buyer(s) if necessaryf) Negotiationg) Closing via a contract/agreementh) Assignment to a cash buyer via another contract/agreementi) Receiving payment at closingFor your team, you'll need to know:a) Cash buyers, of courseb) Real estate agent(s) or broker(s) - provide comps, MLS opportunities, etc.c) Title company (preferred to have one you use for your deals)d) Attorney (required in some states)Best of luck!"

They prefer you have a eviction crew there at least 2 to 3 people because they do not want to be there for more than 30 to 45 minutes as they have other evictions to serve.

All other things being equal, I most prefer the seller to hold the note for the duration of the project.

If you prefer to do flips such as in Memphis for example, you can rent in a nice area for 1000-$1150 and put your money to work on flips as @Curt Davis mentioned.Just my two cents.