Start with 1980's (18% fed rate) going forward.3. 

Quote from @Qais Attarwala: Hi everyone, Just wanted to start out by saying thank you to everyone in this really supportive community.

I know that this is a big risk property but I believe that it has the potential for high return if I can get all of this permitting and renovation work figured out on the front end.I'm just looking for any advice on how to cover myself on the front end prior to making an offer and how to expedite the work so that I can get renters in and start recouping on the investment as soon as possible.

We've seen it here, we started getting several employees of a fictitious trucking company. 

He has multiple funds losing money and he's starting new funds and selling coaching services.

Start eviction process the moment you can.

Traditional lenders won’t approve it, and hard money lenders who offer this type of financing all the time look for experience, assets, or strong equity in the deal.Partnering with someone who has financing or experience is realistic approach when starting.

Don't listen to those who say you have to have _______ dollars to start.

Alternatively, in a QBO Simple Start or Essentials subscription, if seeing profitability by property is important, you could still structure your chart of accounts to reflect each home, though your P&L will be a bit more lengthy & harder to digest.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!

We started issuing deep fryers but it didn't matter.