A lesson for us all to watch for back doors through the leases.We closed on it last week with a negotiated $1 bill of sale for a few of the items and 30 days for the seller to remove everything else.  

If she has had trouble with collections, debt collectors, etc., then you should probably do the refi now.  

My expectation is to have a minimum of $1M working and get that amount higher over time.My exit will be any number of the following: Note matures, borrower pays off early, sell all or portion, note becomes NPN and foreclose or deed in lieu.As exits come earlier than the full term, returns increase, they negative is that I must find new notes to re-invest that principle and portion of interest.Now, on the flipping topic, I can't say with an absolute fact that each and every item of expense I put into each rehab flip gets me both my money back and a return on that capital, but it is pretty hard to argue with success and I have been successful doing this for many years on very high dollar figures.

There are trade offs, but it could be a way to get solar on a flip for quite a bit less than you could otherwise.Eco friendly can take the form of items like bamboo floors.  

If they agree, immediately write as strong of an offer as you can keeping it clean and simple (don't ask for items like; Title Policy etc.

You can also set key word alerts for areas or items of interest for you. 

Isaac you need to wait for a "burn in" period and do nothing.Watch how the tenants perform and the property runs before making any huge capital decisions.Yes we look at those items before purchasing to see the best strategy but since you have already closed it is best to do some more research.

My contractor pretty much did the juicy/profitable items of the rehab and quit, namely some foundation work and roof.The HUD consultant did an exit inspection and I signed off on an exit draw.

Can usually get a discount on big ticket items.

Some managers act like rent collectors only, so after the lease ends they find out there was a bunch of damage to the property and are completely shocked by it.