If you are seeking borrowers who cannot qualify for conventional financing you may run afoul of the predatory lending rules and get the attention of the CFPB.

This order is always applied to non payment and comes with a stiff financial penalty to the tenant. 

Hello BP!I've been stalking this forum for quite sometime and finally set up an account. Looking forward to networking, collaborating and contributing to the BP community!Currently I am focused on starting a flip-hold...

I would encourage to seek the person who has the knowledge and skills you want to attain...those are the best mentors.

Closed on two more SFH this week and seeking value in the East Valley or Central Phoenix

Also, if I leave my job, I believe the loan becomes due and if I don't pay it I believe I am subject to a 10 percent penalty as well as a the balance considered income and therefore taxable - basically an early withdrawal.

Should I seek the nicer areas of town to buy single family rentals and keep them above average nice/bordering on really nice....this idea is that I could get better tenants and lowering my pain is of course the goal here.

If your an investor, agent, or seeking to mentor a young and hungry future investor i'd really love to hear from you!

I have very limited knowledge in this field and am seeking guidance and instruction in route to mastering the profession.

Education will put you in anticipatory and preparation mode, it is better to seek instruction, take action and fail fast.