Got too comfortable with excellent tenant.

Also, how long do you have to live in the multi family unit so you can receive the loan?

It’s an excellent place to start, and can answer many of your questions.Best of luck!

The lessee is responsible to the lessor for any rent that the lessor did not receive.

@Johnbritt Thanks for the reply, can I ask what ere the refinance returns that this investor received.

Obviously listen to the podcasts, read the forums & blogs, the online guides, and the BP books are excellent as well.

They have helped me and provided excellent service as I've invested here in Phoenix and I would be honored to refer them and help them grow their business.If you are uncomfortable sharing referrals, that is understandable.

Roofstock Zack: “We are making sure your PM, Marketplace, will receive the security deposit, the tenant info so they can collect rent payments, and the keys if available”.

@Andrew NealHere is something I learned and am looking to implement once the opportunity presents itself:Create an LLC and have the LLC lend you a mortgage on the property you are receiving.

KDP Septic based in Phillipsburg is excellent, they put in a complicated 50K system for us in East Amwell Township in the dead of winter this year (high water table on property so needed pump up leech field system, ground was frozen, they have all the heavy equipment needed for something like this).