I could easily imagine a provided ladder could/would be used for less-than-emergency situation (e.g. changing light bulbs, installing decorations, epic rail shots, etc.) 

If they want to be fully involved, mowing the grass, changing out light bulbs, unclogging toilets, etc...

Anyone have any cheap ways to cover up those light colored scratches on dark wood colored vinyl?

If you need to fix the property, it is better to go Conv or go straight to the FHA 203K loan (light rehab loan).

We have done alot of deals the way Joel outlines, however we see a difference in what we do- light rehab (we refer to it as CAPX, which is the items HUD will require us to upgrade and repair before we can stablize and refinance the asset)- and Rehab is what I think Joel is referring to- total rehab from the studs up (which we would only do in a tax credit asset or 501(3)C bond deal for a nonprofit asset -it is very costly & time consuming).We have found that when you start rehabbing multifamily one thing is always true- always expect to spend more than you budget.

In light of all the people Wholesaling, I figure there must be a good/legal way explanation for my question, I just would like to hear it so it's clear:I read somewhere that marketing a property for sale that one doesn't own, for which a commission (i.e.

Shawn, welcome....a) Sounds like you have a smart dad...he pounded this stuff into your head enough such that you are now 'seeing the light'.

Rest assured the developer, who has a very vested interest in getting you to buy, will spin the deal in the most positive possible light.

What of the basements lights.

Thought some opinions might help :) Currently there is a light oak in kitchen that needs to come up.