For example for my sister in law we charge a 10 percent monthly fee for a 4plex, no leaseup fees even though the renter gets charged a 200 admin fee so we are making 360 a month.

I see you are a pro member so wear those calculators out and post them up for review if you have questions.

The good news is we are now getting along.The biggest problem I am to blame in how I handled tenant change over. 

Hello everyone,I saw an AD that was in my email with Biggerpockets (Finance Of America) I called and got a rep when we asked for his NMLS# he told me that he is an employee of FACo Umbrella Commercial Lending N.O.O and his NMLS# only reflects his previous employment at a bank, and Commercial lending does not require a NMLSThey do loans for fix and flips, buy and holds.I want to make sure of who we are dealing with.

We are very willing to walk/pay the tax ($210K of proceeds) as it looks like they don’t want to do 100% of the repair requests.

We are ok right now we handle it ourselves.

We are looking to purchase a Commercial Multi-Use Property...Which is better to use Land Contract or Seller Financing?

We are planning to put mobile homes on the land.

This is the biggest question mark for us that could sour the deal, so far we are budgeting 50k for this issue alone.

We are ready to rent it out starting in November.