Bigger pockets has already taught me a lot and I've been on here for less than a week.  

There were four SFH on the next block to me, three were sold in the last 20 years, torn down and there's only one left.

I see that money is grown in three stages:1.

Please advise.regards,Jane Hi welcome to Bigger Pockets!!!!

Yes, a lender will require at least three months of all financial statements (Bank Accounts, IRAs, other Investment Accounts, etc.), from all people that are involved in the Joint Venture.

Although every other week is OK, you can spread it out more if you want (unless you have deep pockets).

The HELOC had a stipulation where I had to take out at least $40,000 and keep it out for three months, in order to get a lower interest rate - I guess so the bank would get some of their interest right away, although I'm supposed to close on the property soon.

There are two to three markets I am interested in that I have some small relationships within that I could utilize, my hometown, my wife's hometown or a place I visit often for work.My questions concern the opportunity cost of learning the ins and outs of 3 different markets when the requirements of truly knowing the market increase the chances of success.Do I select one based on distance, the potential to cash flow or appreciate, or one that I may have more connections in?

I want the rents set to $1100 and she is willing to pay the $200 out of pocket each month.

I have started one about three weeks ago, going on the forth but I have not had anyone show.