Also remember that in a park usually the tenant you pick will have to pass the park's requirements as well, so find out what those are before you start your screening.

Usually when building capital, it is a combination of steady savings and some other unplanned/unexpected financial windfall that we use for investing rather than a new big screen or whatever the average person does with it.

The screens are not intuitive and Buildium does not define their data points well so it is very difficult to move data from another software because so many of the data points are ill defined.

My question has been answered, but if I've anything else to add, I'll consider doing so here in this Tax Issues in Hard Money Lending thread:http://www.biggerpockets.com/forums/51/topics/69730-tax-issues-in-hard-money-lendingI apologize for creating an unnecessary thread.

Do you really want your tenant, whom you've screened, to have a constant turnover of new people [who he doesn't know?]

They are useful for quick screening, but far less so for purchase decisions.Ray Alcorn has an article on deriving YOUR capitalization rate.

I think the *intent* is so someone is not making an 'income' from their retirement acount (save putting 10K of labor into a flip).So, can you take off the screen and take it in to be repaired or put a nail in that piece of trim that is loose?

As soon as I saw passed on that screen I jumped in joy.

They changed the rules to allow screened parking on the side of the house .

Thus the promoter would need to do the REAL screening before they take your dollars into their deal.