My name is Jake and I am a full time firefighter/paramedic by trade.

Upon execution of the lease (after option expires on their home), they provide deposit, half of which will be nonrefundable if they have to cancel the lease before moving in.2.  

Is it uncommon for projects to trade like this, or will he run into appraisal issues, etc..? 

The qualifications are left to the Bank as is the term and rates, but it becomes a stock and trade item between lenders.

So, if my investment strategy is to "buy and hold" rental properties for capital preservation, hedge against inflation, tax advantages, passive income (positive cash flow), and the fact that it's a tangible asset and NOT in the shorter-term market where the flips/rehabs trade, then I don't need to worry about the ARV value? 

Vote that night to hire professional management company. 6) In the mean time, don't expect much by the way of meetings, data and budgets. 7) Board decisions cannot be made via email and board meetings need to be publicized to the owners (the sunshine law) unless you the board is in executive session. 8) Any savvy buyer will see that the board members are serving the same positions, that there are no minutes, no reserve studies, no audits, no financials, etc. that's if this lady responds to an agent or buyer with a resale certificate!

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

I am in Kansas city, I own in Overland Park, Ks http://www.livability.com/ks/overland-park ,E-Mail me if you want more info of the pulse of the area I know.

Thanks, @Eric E.!

I love the idea of purchasing foreign investment property, but it is, how can I put it, so foreign of an idea to me :-) http://foreignpolicy.com/2016/02/10/brazil-roussef...http://www.forbes.com/sites/kenrapoza/2016/02/10/b...http://www.zerohedge.com/news/2015-02-04/ceo-brazi...http://www.zerohedge.com/news/2015-12-16/brazil-st...http://www.zerohedge.com/news/2016-01-27/brazils-e...Worst economic situation in 70 years, facing an impeachment, tons of issues going on down there.