If this was not done, In your state you use a title company, here we use a closing attorney but they both serve the same function.

If you buy and/or rehab homes where there are low Days on Market and get all systems good and functional and have a good lease making tenant responsible for first chunk of most maintenance items, you should be able to rent quickly (minimizing vacancy), minimize maintenance costs, and avoid much capex for 5-7 years.  

For example, let’s say that a borrower has salary income of $1,800 per month, a Net Renal Loss (from the subject and other properties combined) of $100 per month, and existing non-mortgage liabilities of $750 per month.By taking the Net Rental Loss and reducing the income instead of increasing the liabilities, the DTI is more favorable.Structuring OwnershipWith a Conventional loan, the deed must be recorded in either the personal name of the borrower(s), or in an Inter Vivos REVOCABLE trust, assuming the following conditions are met: The trust must be established by one or more natural persons, solely or jointlyThe primary beneficiary of the trust must be the individual(s) establishing the trustThe trustee(s) must include either:o The individual establishing the trusto An institutional trustee that customarily performs trust functions and is authorized to act as trustee under the laws of the applicable stateThe trustee(s) must have the power to mortgage the security property for the purpose of securing a loan to the party (or parties) who are the borrower(s) under the mortgage or deed of trust notePlease note that FNMA does NOT allow you to close in an LLC or other type of business entity.

If you've got money for a down payment, maybe you've got enough for a small cash purchase that'll yield enough to ease the pain a bit on the non-functioning property - at least until the time is right to sell it?

I am hoping to do the same functionality as NameLab at a lower price.

Being employed in the industry will give you access to lots of people in lots of different areas and functions of the industry.

And then you have the usual concerns about the neighborhood HOA and its health and functionality, I am wondering, how can I trust a home builder or how can I come to believe that the neighborhood is safe to invest in?

I have a few solid weeks of finishing touches, fixtures etc that I'll handle myself but overall the house is functional and I can begin installing appliances etc.Here is the house while the stucco was being completed.While away for Christmas, after fighting relentlessly with Wells Fargo they have agreed to let me complete the rehab loan myself even though I am not a contractor since we are so close to complete.

She said no one could afford to buy them for what they are worth.Is that more of a function of the market as a whole (Tulsa, OK) or because their houses were in a low income part of town where probably >50% of households are renter occupied, and qualified homebuyers can look in more desirable areas?

@Joshua Dorkin would be great to have the mailbox function added to the app.