Thanks Jack for your response, I am trying to avoid condo because of the low appreciation issues.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

In response to your original question, closing agents should handle private loans just like a bank loan. 

I’ll keep you posted on his response. 

I had over 50 responses and 20 applications.  

You have a “full” package including property(s) identified, acquisitions under contract, appraisals performed by MAI appraisers, historical financial statements, pro forma projections, surveys, title reports, feasibility studies3.

Every example listed above this response referenced rental amounts of at least $2,000.When it comes to managing Class B properties/tenants, the flat fee model can still work, but issues with services start to appear.We've not seen a flat fee PMC effectively manage Class C or D properties/tenants here in Metro Detroit.

Thanks again for the detailed response! 

My go-to response is always: Do you have a Move-In Inspection to document the home's condition beforehand?

Require co-signers (like their parents), check references from previous landlords or college housing, verify enrollment status, and personal interviews to gauge responsibility.6.