The third benefit that I would be able to see is that we could increase the rent to gross 100K.  

USAA does have an agreement with a third party company, but they were much more expensive for much less coverage.

I would offer that you place a third party manager that is acceptable to the seller in lieu of a bond.

Tying up valuable marketing time then simply not performing on a contract is not something to be taken lightly.

Can't blame them for trying.The third one I came close to renting to but by the time he got his paperwork to me I had decided on someone else. 

1st lien performing under 100K UPB.

We haven't tried bringing private investors and third-party money because we want to gain more experience before doing that; we also have enough capital to invest for ourselves, as long as we can get financing to get a higher cash on cash. it just doesn't make sense to go hundred percent equity into rental property. 

My goal is to train the resident to pay on time and perform under our lease agreement.

Hello all,I've started compiling a list of issues to check for when performing due-diligence for a performing-first lien note.

I do have a third method being cash out refi the property that was renovated, however I am a bit hesitant on this one because I do want to wait another 2 years for a shopping center to be built to be able to get a better appraisal.I'm sure for people who have been in the game for a while, something like this has occurred before.