What it means is there is no right time to do anything except move forward, the antidote to analysis paralysis.

The corporate office will probably have a very busy fraud and compliance office.I agree, corporate landlords will be a news worthy story, I've known of individual landlords that were just crooks and never mentioned except at cocktail parties. :)

If they need too much rehab the properties will not qualify for financing, exceptions being Fannie Mae/Freddie Mac bank owned properties under the Home Path program.

I told them if they left by the end of the month, I would give them the remaining month’s deposit to go get a new place, avoid any eviction, and they would have to clean, touch up the paint, and work with me to show the unit before the 1st.I ended up getting lucky here - renting the unit with 1 day turnover at a higher rent than previously, to a better tenant, w/ no out of pocket except my time.

If I were to put up 100% of the money to purchase a small multi - say 200K for a 4 unit and another 50K for rehab you would need to make an exceptionally compelling case of why I need you in the picture at all.

Give them a preset return after legitimate expenses, and only share in profit if they are exceptional or not share until their money is paid back to them plus interest.2.

StateID=NYKeep in mind, that most references to "mortgage" usually mean residential mortgage, so you'll need to read carefully for exceptions

It's 20% for single family homes.The numbers look good except I think the property management may be low.

The property I was most interested was in pretty good shape with most systems, except there are some foundation and/or structural problems.

I went to the tax office the other day and found out that despite all this info, the taxes are current except for this most recent year.