Depending on the amount owed I might pay it off after I’m under contract to do a property inspection and ask for the money back at closing.

If I remember he said 30 million dollars to pay back people that seemed to jsut disappered and now he is saying they doing a big real estate sale that will clear about same amount. 

If you can qualify for an FHA mortgage that amount can be as little as 3.5% of the loan value.  

You're running a business...the tenant does not 'inform' you when they will be paying their rent...they are contractually liable for paying at specific amount on a specific day. 

I'm sure how far Lake Monroe if from the University but I would also look into the amount of STRs in that as well.  

Typically they charge a percentage of the amount saved. 

Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets? 

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

Financed Loan Amount: $172,0004.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.