Some private lenders strictly want a set rate if return and Bevin a lender position rather than a profit share position, which, in the event of profit absence, they get nothing.Private money lenders are people you know or meet whom you have a relationship with or a recently formed one.

mother-in-law, mother-daughter, jack-and-jill, 'Summer Kitchen' and/or maid's quarters yada yada  - as many mansions and other estates traditionally do -  if its a SFD that means per code/ordinances etc u cant rent separate tent dwelling/apartments within it - only maybe a room or so.thats why instead, large SFDs with a duplex layout (or maybe even a 'back house') to spare will 'rent out a room' to avoid grossly breaking zoning and C of O rules for a single fam dwelling. of course that means either the kitchen is inherently shared or one of the persons (ie, a college student, or a raw vegan) simply does not need access to a traditional kitchen whatsoever.

I have heard a lot about buying and flipping with unconventional financing, but seems like it would be tougher to find the same with properties used strictly for rental income cash flow.

In the suburbs, you will actually have a code enforcement inspector come out to your rental to inspect (typically when tenants change, but some do it annually even when tenants have not changed), and you will be required to get a heater certification certificate to present to the inspector.

Duplex is in "Phoenix" subdivision of 32608 area code.  

Only 8 are absentee owned.Now, these represent EVERY single house that has distress from the exterior in that ENTIRE zip code.

You have strict timelines on a 1031Tax free is tax free.  

Went back, there was just notices from a code compliance officer saying an exterior inspection was done and an inside inspection is required but no correspondence from the owner..

You need to take a hard line and strict interpretation of the lease, and here is the reason:If the demand(s) they make is(are) not written in the lease and you comply with them, they become part of the lease, anyway! 

hello,    Anyone with a possible discount code for a yellow letters site or information on how I could obtain one.