Thanks for that @Wayne BrooksHi Matt, There are also IRS Rulings whereby the taxpayer bought all (100%) of the outstanding membership interests in an LLC or the outstanding partnership interests in a partnership so that the entities effectively became single member LLCs and qualified as the purchase of replacement properties for their 1031 Exchange.

The best thing to distinguish yourself from others when starting out is to deliver outstanding service.

Pay off 15 years 30-year @ 4.87% = PITI payment of $793. in 15 years the interest paid would have been $48,651 and an outstanding balance of $22,585.

Let's say homeowner accumulates $5K of equity over the first few years, so now: $100K house, $10K total equity, $90K outstanding balance, $10K to go before reaching $20K equity and removing PMI (which hasn't changed).

If you completed the weatherization, according to what is reasonable by industry standards and there are no outstanding hazards, then no need to provide any rent concession.

Outstanding balance, delinquency status, current court action.

I think most here on BP would agree this property would have to be in an outstanding, blue chip, A+ neighborhood to accept those numbers.

There are companies that invest in these full time and end up bidding the interest rate down to next to nothing on all the good properties.I Always say I am going to go to one but I never do, due to work conflict....I once had a property listed on one due to an outstanding sewage bill that I didn' tknow about LOL This was my first investent property and I had no idea about sewage bill and the bill went to the property itself and not my home address.

Wally Enheim I used to run a self-performing contractor for roads and bridges, a family owned company with fleet of 60-100 trucks and equipment, plus a minimum of 100-150 workers as skeleton force.

It is not impossible but many investors will tell you the more loans you have outstanding the harder is to get another.