Again...you should diversify some, allocate your assets conservatively, develop a plan, and execute to perfection over time.

But, it's also possible for a large bank employee to be in that position for years....it's a good proving ground where future executives are forged in the trenches so to speak.Small or regional banks generally provide loan officers with what is called their "cut off" their loan limit, so long as the loans meet with the requirements of the Written Loan Policy set by management, the loan officers can approve a loan, personal, secured and real estate.

They should stress that this "tax free" status is only for the duration of the time that you own the property or execute a 1031 exchange.

There are services for +- $3 more that actually have well trained telemarketing staff that reach out to past landlords and employers and ask them a host of custom questions.

And, neighbors did call the City to complain about stuff, but the code compliance staff was working with us while we sought long-term approvals, so they had no issues.

You will go under contract first, then you will mail the executed contract + the earnest money to the escrow agent.  

With Liberty Mutual and Toyota both building large complexes across the street you may be able to offer rentals to their executives as they transition them from other parts of the country to Plano.  

I failed to mention that she is uncooperative except for the fact that she wants to keep the house.Legally As half owner could I execute this without her being on board?

I brought in the investment capital & executed the sale, but then again, he brought the deal & managed everything.

If the guarantor meets our requirements, then we will accept the student (provided nothing else in their application or background check disqualifies them) conditional on a separate guarantee agreement executed by the guarantor whereby the guarantor agrees to be the financial backstop for the student tenant.