@Hugo Cam this would seem like a pretty straight forward transaction to me.  

I just ordered a large key ring thing (holds 24 keys with color coded rings and a place to write the numbers) and a body-cam.

LOL.Instead, I went to lunch (thank God), thought about it, and when I cam back, this was my reply:  "Of course it's OK to lose money on your first few deals, because it's a learning experience. 

That being said, you will need to find a PM that has experience with NNN deals because you will still be responsible for coordinating all maintenance, lawn, snow, etc..then bill back to the tenant through CAM.

I've seen two variants myself:1. all bills go directly to the tenant - this does require a lot of trust but has worked out for us as long as we have someone check the tax sites and ask for insurance certificates at the deadline/renewal times2. all bills go to the landlord - the landlord in return charges base rent + common area maintenance prepayment (CAM) which can break down coverage of the NNN components. 

Lets say you have 2 houses. 1 house has 8k in back payments. The other isnt behind on payments and it has 50k in equity. So my question is.. Can you do a home equity line of credit on the property with 50k equity to...

Cam

Cam

Originally posted by @Cam Morton:Hey my name is cam , I’m looking to connect with anyone who has some experience in the house flipping/rehabbing strategy!

@Cameron Cole Vance  Hi, Cam.