The guide indicates that this would be "damage," but nonetheless says that the tenant is only responsible for the replacement cost multiplied by the remaining useful life percentage.  

The owner will not have to deal with a realtor thus saving a large percentage of realtor's fees.

We recently used them....called the toll free number on the post card beginning of december....spoke to a Larry.....later called said our credit score was lower than what the terms were but said no problem they can just up the percentage so that is what we did.  

Just my opinion, but unless you can find an investment guaranteed to make you a higher percentage than your current loan rates, Prosper or student loans, it is better to pay down the debt, although I am not sure about that Prosper loan and if it has prepayment penalties, which would have to be considered.  

A good percentage of my tenants have bad credit for various reasons.

Write up a little agreement that show how much you each contributed, how much you will each contribute to the rehab and what percentage of the property you each will own and have it notarized.  

@Nick West how much equity did you receive (percentage)?

Hello Joe,To answer your question regarding Crowdfunding, I can't completely speak on behalf of the entire company as I would leave that up to our CEO, Mark Filler but relative to my personal business at Jordan Capital I haven't seen the need to adjust my business approach or model as this type of a transaction is a relatively small percentage of the RE investment financing pie.

A few were bought from FNMA at a bulk sale auction and those properties did have a minimum hold of a few years (although there was language allowing them to sell off a percentage of them earlier). 

Normally you would give the attorney a percentage of the overall net profit from the rental and/or sale.