It seemed like a potential way to expand into markets outside my personal reach using local expertise.

They can be cleared yearly with hydrojetting and that practice is fine as long as the pipes are in tact.

Owner-occupied transactions are mostly emotional decision based.Investors should check emotions at the door and only make business based decisions.What does that mean in practice?

The wholesale channel is a lean business practice for the most part while with retail, there is significantly more expenses such as marketing, employee benefits, admin staff, etc.

Looking for some understanding about because of my planned exit strategy.I have some questions about: 1> Cash Out Refi LTV: Single assets versus multiple properties2> Terms and best practices:3> Utilizing a Realtor4> Personal Guarantees: Stabilized/ Performing vs Personal creditSet up:Utilizing non amortized seller financing to acquire the property @ 35000/60 months.Rehab Estimates are not in in yet the property.

Is this a common practice?

Propstream can also pull call lists, I would get a script together and practice, practice, practice, and hop on those phones!

However, as a matter of practice, its better to have fresh leases/rental agreements signed fairly often.

Find a good property being totally mismanaged - offer to purchase 60% and take operational control selling your property management expertise and future profitability, providing property owner/seller with enough cash to pay off his pressing debts keeping current loan in place. 

I’ll admit that I didn’t outright ask them if they lie, steal, and generally engage in immoral business practices during the vetting process.