Hoping to learn more about: best practices, risk management, legal Considerations, and most important building long trust term relationships with borrowers.I deeply believe in the power of community and learning from each other's experiences.

I.E. can a long term tenant sublease their space to short term renters?

This looks like a long ago post but any chance you guys have a good condo-conversion spreadsheet you could share?

The wifi is what will allow you to access the door remotely.If you don't want wifi on it, Then you can still get a smart lock you'll just need to pre-program several different codes into it, and then give out those codes appropriately but you'd need to be on site at the door itself to program initially or update it.From personal experience I find the touch screen or wifi locks to be complete POS's that are not reliable and the battery does not last long.  

As long as you scrub your list and confirm the homeowner still has an active foreclosure pending, you are knocking on the door of one of the most motivated sellers on the planet.

as long as there is not a ton of junk fee's this is basically commerical bank rates.

Things you want to consider would be what your long-term plans are with this property.

We are active in Waveland, Bay St Louis, Pass Christian, Long Beach, Ocean Springs, Gautier, Pascagoula, and Moss Point (and possibly other water front towns near these locations).As I'm sure most are, I would be interested in speaking with other investors in the area, and would even possibly be open to the idea of partnering for a property or two with the right individual/team. 

Good places are Arlington and Fort Worth in my view.Townhouses and condos are difficult beasts, I would prefer townhouses, I have some investors friends that they didn't want to go with a mantainance headache so they bought townhouses, but those are expensive and they are Long-term.Condos are a bit old in DFWHowever, all deals on that you would need to have an investor friendly realtor to help you with.

so - what are the ages of those items, how much will they cost to replace, and how long will they last?