My private lender is having me sign a deed in lieu. If I understand correctly this means that if I default, he doesn't even have to foreclose he can just file the for the deed to transfer to him.

Now, what is...

The SAFE Act basically states that any financing method or system devised that may provide any rent credit toward the purchase of a residence or that facilitates the sale of any covered property will be covered under the law.

We could jump online and look up some values but much of that is block-by-block.

I'm not willing to sit around and wait for years until I have a big pile of cash to make them feel safe.

Some investors are happy with a 5% return (it's better than a CD and most likely very safe) some wouldn't look at a deal unless it had 18% in big red numbers written across the top.

It automatically generates monthly rental invoices, reoccurring bills like sewer bills, and has great reporting functions.Going even further I got set up on IPN (Intuit Payment Network) and now I email my rent invoices to my tenants and they can click a link, and pay me online, I then just click to receive the payment and everything is recorded instantly.There is a learning curve to some extent.

There are so many online agencies that offer this.

., provides an online technology platform and patented client management system that allows real estate agents to provide their buyers and sellers the industry's best search experience, including real-time MLS data and public records, the ability to view their customers' search activities and collaborate with them online, and to easily and automatically provide other information and tools to help clients find the perfect home or market their property.Listingbook has 70 MLS clients and is available to 60 percent of agents nationwide.

If it is, you will need to comply with the rules for financing to owner-occupants in your state and the SAFE act.Just quick thoughts.Hope it helps!

I also used some online tools: Narrpr.com; trend mls to determine the arv, and local rents.