( new construction)  My GC worked yesterday on our new build at 20 F st.. he said the town was abandoned and he got a lot done.. we had three under construction and got them boarded and secured.. but turned out not really needed don't know about high tide though.. 

Just be sure to document the agreement in a written document such as a "mutual agreement to terminate lease" (get an attorney to draft it) confirming the date they are vacating/surrendering the unit, and outlining what is to be done with the security deposit and any personal property left behind.

It is the later non-owner occupant ones that can get more challenging with loan limitations like having to use portfolio lenders after 10 loans on your social security number, DSCR, reserve requirements, etc.

Also, you will need a trusted PM that can perform maintenance / rehab work themselves and provide you with an accurate assessment of the property and costs to get rent-ready. 

Mortgage is an instrument used to secure the note, if you were buying a house, borrowing money for the purchase there would be a mortgage or a Trust Deed securing lender's interest, it is not applicable for the 401k participant loan.

First of all, you'll need all lease agreements, security deposits from the previous owners and whatever else might apply.Then you see how these tenants are doing - according to their lease.If they month by month already, you bring them an addendum about changing the landlord.

Performance title out of Kettering Oh is a great title company if you are an investor.

We stay away from those states and won't buy non performing notes in them.

Since you have an idea of the renovation costs, I am assuming you also have an idea of the type of renovations you will perform.

What are some little "inexpensive" add-on / upgrades can I do to the home help increase the rent while at the same time giving them the security that I am trying to make this place better for them?