@Benton PruittThe original lender should provide a short sale approval letter noting as long as they get x at closing…The second lien holder will be more problematic.

I think you've done a fine job of providing quality content.Thank you for taking the time to respond and see you soon!

I definitely could've tried to maximize my monthly income by renting the property by room, but with HOA restrictions and my inability to comfortably find a property manager that manages rentals by the room were my biggest reasons to rent out the entire property under one lease. 

I have a potential hard money cash provider to fund the acquisition of land and fund new construction build.

We all need the reassurance that friends and family can provide.     

I'd be happy to connect and provide more insight into different markets. 

However, if some carrier is providing this type of coverage, then they better have very strict limitations on the coverage so claims don't get out of hand, or they probably won't be in business very long.

There are several deals floating around but the one I can give rough details as an example is a commercial builidng where 20% is being put down on a 2.5 million dollar asset between 3 TIC equity/capital investors that are each providing roughly a third of the equity.

I would think since other programs are $50K, $40k and so on, that $15k is rather appropriate, providing they are providing the appropriate training.I am not advocating for group learning.

Ikenna,Depending on where you are located and your comfort level you can find a lot of great deals in multiple states.