Need to understand which turnkeys geographies have the best locations - is there somewhere with this analysis?

Once certain terms of the note are changed such as maturity date, balance or an increase in payment the modification is considered a new extension of credit and is subject to certain regulations which govern the extension of credit.- The creation of a new "note" would mean the satisfaction and release of the prior security instrument.  

-Are you in a field that makes sense for you to be in the setting where the MFH is located?

Also, if you have a brick and mortar location, I would highly recommend TLO (Transunion) skip tracing software.

-While central AC may be important to some tenants, I think your main point of competition and what is likely more important to a potential renter are bigger things such as how many bedrooms, square footage, price, location, is it well maintained.

If they are only seeking a check every month and the largest amount possible based on the equity of this other property then sure it's a fine decision.A couple other thoughts though:With a smaller multi-family a vacancy is felt more financially than with a larger one, but the extent of that is influenced by the market's local metro and property location; andWhy not use some of the equity from the property to fund the purchase of the smaller one and then have two properties generate (probably) the same amount of income or more with debt service on both.  

The money from the hard money lender was not going to be available in time to meet the seller's deadline (I'd already paid him $500 for a two-week extension), so I cashed in my IRA and borrowed money from my parents to buy the house.

I have been doing an extensive amount of research and I am also new to the real estate business.

She's facing possible foreclosure (not sure how far behind she is) on a 70-acre property located in Colorado.

Building also opens the opportunities on location as it avoids rent control all together.Just wanted to see if anyone else has any info or experience with numbers.