Also, some banks I've talked to require 30% of the balance to be held in their account.

Does anyone know if you can refinance a NACA loan after a year without having to pay the 25k lien put on the property and also doe that release you from the occupancy requirement?

There are some things that can cause issues with your upfront approval or end up causing a denial in or during underwriting that an unexperienced loan officer will not know or catch.One big thing to keep in mind is when you are buying more REI the guide lines require more assets and PITI reserves and a HELOC can "Never" act as an asset or PITI reserves.

I require my tenants to provide a 30-day notice regardless if they are terminating during or after the initial lease term.  

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

Did Wells Fargo require you to provide any local address?

yes @Cody Rigby make sure you check out the licensing requirements for short-term rentals in the city of Portland.

. $50 per apartment and $50 for 2 stairs and extra $50 for two passages $700.00I now know what is basically required to fix the units.

Fast forward a few months, and they have non-paying tenants who are wrecking the place, and a MIA property manager who (understandably) won't put in the ENORMOUS amount of effort required to manage a property in a C or D area for a small-time client from another state.

I guess where you guys live, it is not required to have a Mold Remediation Company do the work?