For monthly rent payment, do you usually have it due by the first day of each month or pay in advance like one week ahead of time?

All things being equal, I'd rather not have an HOA with fees, but a family friendly neighborhood with amenities like a pool and playground may bring in a higher rent than other comparable non HOA properties.I don't prefer an HOA, but it's not an automatic deal killer.

I have a home I bought in AL that's on section 8 right now at a purchase price of 72k (loan 57k) after down payment. local banks it's easier for them to finance it.

Even with 20% down, monthly payment is $2,200.

Most work this way BTW Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $200,000

Pair of duplexes purchased with 1031 proceeds from a previous sale with about 75% financing. Rents were...

Go to your local REIA meeting, make local connections, and use that $11k as your down payment on your first property.

Are checks/receipts/proof of payments needed or would transfers be ok?

Have 100k sitting and a few real estate investors in my network who have inquired as to whether I’d be interested in helping to fund their down payments for fix & flips. 

The borrower is not personally liable for the loan, and the lender cannot seek additional repayment beyond the collateral.Since the borrower is not personally liable, they can choose to make larger or additional payments to pay down the loan faster if they wish.