We were called in to pick up the pieces, which consisted of kicking all the current tenants out, doing a complete (expensive) rehab, and re-leasing the units.

Then they is the lenders policy on the release of funds at the sale.  

Here is a press release:http://media.claytonhomes.com/press-releases?

The safest for the lender.Using the terms above, 49,000 will be released at closing and go towards the purchase price. 

Your home and auto insurance has a max, umbrella insurance just extends that max and is useful for large claims and lawsuits. 

Susan- I can't speak for Georgia but out west I pay between 6 and 8% with little or no re-leasing fee.  8% being the standard and 6% for some quantity of homes with the same PM.  

Was originally sold out and when they released additional rooms they were crazy expensive!

Even with using HML, they typically only extend terms to up to 65% of ARV.Have your wife watch HGTV, everyone loves the pretty after shots!

A recently released pair of studies suggest that the majority of millennials – the oldest of whom are about 35 – want to live in the suburbs, have already started buying outside urban areas and base their homebuying decisions mainly on affordability.Reports by Zillow and Harvard University break with stereotypes of America's largest generation, namely that they prefer to rent because they favor experiences over building equity and want to live in urban environments.Millennials make up about 10 percent of the nation's homeowners.

Take the iPhone for example, if u asked someone in 1980 if a iPhone is a fad or the future, most will say fad, now we are waiting for the iPhone 8 to be released.