Now in an area where growth is exploding it is common to have occupancy rates a little lower as pre-leasing is occurring pre-construction and mid-construction for the projects.The area you are talking about I would want to know from the DOT what the traffic counts have been in the last few years prior and what they are today.

The interviews are great individually, but the real magic is hearing the repeated concepts and observing the common threads.

Hey Constance,It is not required that a 401k plan have a loan provision, but it is fairly common with most employer plans.

I must admit that your earlier comment on the post is the common perception of the group.

The question he had is that he is taking a world trip for some months and wanted to know if he should  buy a cheap condo in a city of Florida that he never been to, so he would not have to pay storage on his furnishingsI am not a rich person but I cant believe anyone who is would even entertain that thought.Basic common sense and the need to create wealth not destroy it I would think is an important trait

  - very common.  

I also have been doing construction my whole life and am currently a PM for a large GC in Boston so it sounds like we have a lot in common.  

The common solution to this type of problem seems to be "HML to buy the property, refi out after 6 months or so and then pay it down from there". 

The plan is to buy the Cash-only REO using our LLC, fix the health and safety issues in this home (which will then make it financeable), and then purchase the house with my approved 150k residential loan.

This will also get interesting if there are any common areas that are being conditioned from one of the thermostats that you are making the tenant pay for (i.e. a common hallway or staircase)Again don't quote me, but this is my experience with large commercial projects that I have built.