You can lend to flippers or longer term stuff to landlords or buy non performing notes online.

If it seems like too far of a stretch I will also try to see if I could get possibly a $1,000 reduction from  the $28k too.

Yes, we have recently purchased in our own names with a HML, performed renovations, moved into it and then refinanced with a conventional lender.  

What would be the estimated cost to fix the issue if it isn't extensive and can be accessed (I am assuming dry rot in garage the way it is described).

PS, basing your choice of lenders purely off the quoted rate doesn't tell you anything about their performance.

Hello BP,I am looking for a very experienced HUD real estate agent or broker that has extensive experience with bidding and buying HUD homes, specifically in the Southern California area.

Also there is a seasonality involved with March and April typically being our highest performers due to the events happening during that time.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

We're completing the inspection process today after an extension on due diligence so the seller is expecting to hear back from us shortly.

A staged lease-reading followed by a Q and A is much more the kind of training and performance exercise you need in the landlord-tenant relationship.Of course, once you get up past a certain number of tenants, holding these kinds of formal lease-signings is going to get very hard to handle and/or you're going to get sick and tired of showing up.