:D Single family allows for more exit strategies, and historically less tenant issues, than multi-family.For the next few years, exit strategies will be even more important than ever if you get in a financial pinch.

Develop a relationship of trust with them and over time it will pay off big for you.Good luck!

While a contractor should be able to afford the materials up front many haven't managed their cash reserves well enough.The bottom line is that you both don't know each other and haven't had the relationship built to trust further.

I've got this great deal on a historic home only problem is 4 dogs were locked in the house for several weeks and of course used to bathroom on the floor.

I recomend we begin building a relationship and get to know who we are and what we bring to the table.

My best success has come from using lenders who we have a prior relationship with (assuming they have not capped themselves for the rest of the remaining year).

We're just coming off a huge housing bubble where prices nationwide got 50% above where they should have been from any historical basis.

The prevailing cap rates may differ from one part of a city to another, and from one type of property to another.The purpose of a cap rate is to express the relationship between an income-property's NOI and its value.

Yes the equity is higher esp on your first loans, but you need to develop that relationship with the lenders to grow anyway.

What is your relationship with the home owner?