If you pull someone's credit and let's say they have had a foreclosure 3 years ago so you're skeptical, you can do a financial verification report that will provide you with 12 months worth of income, cash flow, assets, and line item spending, that tells you if your tenant is approved for your rental amount based on the data.

In any case, I've been debating doing a condo conversion and selling it in halves, or holding it for a few more years.The positives of selling it now that I see are:-I would have more cash available for making other investments.

If they are not able to provide you with that proof, then they must report to the credit companys to have that item be removed forever off your credit report.

I spent a couple nights at the local home improvements stores pricing items out, etc.

Hi, an investor has been talking to me about a condo conversion in atlanta, 1280 west to be exact, anyone familiar with this conversion, any positives and negatives??

Pier and beam, higher square footage, and other items will run more as more time is needed.

p=6479#6479In the future, please post a question only once so that the conversation stays in one place.

I'm basically offering my expertise, but I'd rather not spend over 1 hour typing and proof reading when a 5 minute conversation would do the trick.

It would make for good "get to know you" conversation with the tenants while you're laying down the ground rules with them.As for actual advertising methods, you can try:1.

Construction Items required in a Preliminary Package1.Project description (which includes number of units, proposed pricing of units, total costs, per plan costs, profits, proposed equity and proposed loan amount, any subordinated debt)2.Project cash flow3.Location map4.Cost breakdown 5.Market study - if available (an internal or third party study)6.Sequence list (including lot number, plan number, base price, proposed premiums) 7.Biography or resume of key management8.Authorization/Release for Business and Principal9.Borrower’s Certificate of Past Credit Relationships (attached)10.Banking references and two sub-contractor or supplier references (attached)11.List of all current projects (location, price range, size range, sales rate, JV partner, lender) (attached)12.Financial Statements for borrowing entity and guarantor(s) (attached)a)Current financial statements, indicate book value or market value basisb)Statements must accurately report all assets and all liabilities (include contingencies)c)Statements must be signed and datedd)Signed tax returns for past two years (please include all K1’s)13.Financial Statement Certification (attached)14.Tax Return Certification (attached)15.