Do you know off hand of any lending companies that require short or now seasoning?

The hardest part was getting the partnership set up and funded, once we had the cash in hand the rest was a piece of cake.The negatives:Working with partners who each had their own ideas of how things should be done.

I just sign the letter, they hand write the envelopes, put on the first class stamp, and put a little heart sticker on the sealer.Wheatie, I am spoiled in that I have human capital to use as part of the system.

Sign the letter with blue ink and maybe hand write your phone number.

I look at the CHADS (cash flow on hand after debt service).

On the other hand, if you're making money with the property being a rental, I'd keep it.Mike

This way, very little money is changing hands, and everybody is treading lightly.

That's why I'm trying my hand at a rehab/flip project.

We are electrical contractors so there is little difference, but there are some areas I can give examples:Homeowners want a Square D QO panel which is rated the absolute best for safety (and has been for years), rentals want Homeline or low end equivalent.Fixtures can make a huge differece - $4.97 Home Depot special for rentals, selection process for Homeowners (HOs) to pick the perfect fixture as per their individual tastes.HOs may want Decora style switches or receptacles (sometimes in screwless plates or specialty colors), REIs want economical, standard in white or tan (stock).REIs often have very little hand-holding.

I recommend reading 2 negotiation books, 2 marketing books, 2 selfhelp/success books, 2 flipping books, and a handful of the Home Depot Do-It-Yourself manuals to get familiar with how a home is built and repairs are done.Heres a lot of good Real Estate Related Books.