I think I'll hold off for now for the reasons you guys mentioned and I can just have a bunch of clauses in tenant application forms to limit the possibility of getting sued, which is probably one of my bigger concerns for starting out.

.- In the application, offer to include WSG in rent.  

This dummy has not used any application to track rental income/expenses etc.

When you apply for the mortgage the application will ask "is any part of the down payment borrowed". 

I also ask for all the information in a full application... but no fee up front, since I don't run a background check until I know the applicant wants the property.

. $15 application fee required. that filters out 60% of deadbeats.  

These A type assets seem to appreciate much faster than my B and C type assets and it is not uncommon to see multiple applications arrive at your email within the 1st week of listing the home for rent.For my buy and hold I like to buy A type assets from motivated sellers at a 10-20% discount less than 10 years old.For fix and flip, my criteria is look for homes built in the 1990s in the A type neighborhood where I know homes in the neighborhood will turn quickly.James  Originally posted by @Jamie Montpellier:Dear BP members,Here's the thing, we constantly hear about buying value right from the get-go and so I wish to know if buying turnkey properties in A neighbourhoods is a no-no because the value is already priced in...Or should we be bargain hunting and looking for :B type property in A type neighbourhoodC type property in B type neighbourhoodWhat do you think?

I just put in my application for my RE license to be activated in Georgia so I'll be doing some wholesaling there in Georgia soon!

The 1003 loan application used for all residential 1-4 unit properties asks the basic question "In the past 3 years have you been a party to any foreclosure or given any deed in lieu of foreclosure?"

Then let the applicant decide if they want to use it as a bedroom.Does it have a window bedroom egress and a closet?