It's also been well established in lending that Asian borrowers tend to live on much less than us fat, must have it now type Americans, savings is generally higher, just saying, don't apply your personal expectations as to your life style on others, stay neutral and see what their life style is through general conversation.I'm not trying to push you toward accepting these folks but skimming the top with ratios and assumptions may lead to losing very good tenants.Those pets probably won't cost a hundred bucks, my two monster dogs were only a hundred bucks.Again, how long is this situation reasonably expected to exist of relying only on the royalty income?

At that point it seems like it would be sold or terminated and if terminated my problem as a lender has been cured.The Option Price paid is also a consideration as to any interest established and the terms of returning any funds in the event the conditions were not kept.I'll yield to thers for the forum discussion.

But I thought it would be a good idea to establish a baseline for FMR criteria for apartments in my area needed for section 8 Housing.Example, do I need stainless steel appliances?

I think that concept is pretty well established in legal precedent.

The appraised value of the property according to the most recent appraisal roll approved by the appraisal review board is presumed to be its market value on the date of trial, and the person being sued has the burden of establishing that the market value of the property differs from that appraised value.

As long as we are abroad, we've been thinking about getting a small RE portfolio to build long term wealth and establish some ties around Portland or the Albany/ Corvallis area.

Hey All,I am looking to establish relationships in the Columbus area as well.

However, I would like to expand into auction houses and other forms of property searching.I'm currently interested in working with someone who will help me find and appraise deals as well as work around liens, violations, and financing which are typical of foreclosed properties.I'm interested in networking with just about anyone in the industry who can help me gain more insight on the business and wants to establish a long term working relationship.

Observe how many have turned toward establishing academies and mentorship programs.  

It is actually the only form of payment that I will pull from my first several properties until I have established a substantial slush fund and the ability for the business to acquire more properties without my personal financial contributions.