A third of that maybe. 

Third, I would let the guy know that stealing utilities is a crime (everywhere I know of in the US) and any further attempt at doing so you will simply contact the utility company, who can get a citation or arrest issued to the guy. 

Hello All,I want to get my first deal and Assigning a Lease option is hopefully going to be my fastest way to get it, as thus far wholesaling has proven to be such an elusive creature.I would like to perform this in the state of IL, I have done a ton of research and think I have a solid plan but would appreciate it if anyone can find any flaws in my plan or tell me where I am leaving myself open to risk.

Hi my mame is Jaroslav and i am first time loan buyer.I have purchased a non performing loan  for $2500 with UPB $60000 and house value $79000 in Ilinois Chicago and my Ofer  been accepted.Whats my biggest concern is the area where the house is.

I recently made my first purchase on a home less than two months ago and I am currently working to convert the add-on to a third bedroom in preparation for renting next August. 

I think i get what you are saying...here's my take:For pro-forma purposes, yes, absolutely include the capital reserves as that is what you "expect to spend" in worse case scenarioFor historical performance purposes, then, you can make an argument to NOT include it since you never spent the money, but unless you distributed that money back to your investor, then you may as well include it toothat's just how i would do it...

I don't have a long track record, so he wants to sit on the portfolio for 6 to 12 months to make sure it performs as I project it to perform.

third, most cities in the US (assumption) already do that. the city does not care who goes in and out. unlike "electric or gas" they can't turn the water on an off at an instant.forth, you have tn enforce it better.

Just to clarify there are three services an agent can perform that have been discussed. 1) put the property in the MLS for exposure to potential tenants. 2) Property management for the one time act of locating and placing a tenant in the property. 3) Property management for the ongoing monthly management of the property.Sometimes 1 and 2 are not separable but in some areas they are.With regards to listing the property in the MLS, here there are virtually no rentals in the MLS so no one hires an agent just to get the property in the MLS.

Here's a few lines from a local bank's recent SEC filings regarding notes: "During the third quarter of 2014, the Company identified problem assets and began the disposition process under the asset resolution plan... the Company transferred $11.2 million of loans held for investment to loans held for sale in anticipation of near term loan sale..."