@Joshua Espejo, to address your questions:Late Fees:  Majority of PM's will keep the late fees. 

Hacks of OPM databases compromised 22.1 million people, federal authorities sayTwo major breaches last year of U.S. government databases holding personnel records and security-clearance files exposed sensitive information about at least 22.1 million people, including not only federal employees and contractors but their families and friends, U.S.

I currently live in the Phoenix Arizona market and we’re seeing some major growth here in the past 4 years.

The property itself does not need major work, and once it has been acquired through hml, I should be able to immediately start the refinancing process.While I am leaning towards using hml, I have not counted out the option of paying the acquisition cost in cash myself.

With that being said, I fully understand majority of this is an art that has to be practiced.

Of course I'm going to clean it up really good and fix the major things before they start the move in process.

I'm going to guess that it is all Park Owned homes though unless this is in a major city with $600+ lot rents.

I saw a property, town home 3br 1.5 ba in Suffolk, VA, keep in mind I live in Northern VA.Want to know what you’re strategy would be for such a property:Foreclosure Sale price 30kNeeds cosmetic work, kitchen bathrooms, paint, carpets a little landscaping etc.Property is valued between 85-105kIn my opinion (a very inexperienced one) sounds okay, thats if there isn’t any other major issues in the property.

Hi Jeff,I appreciate that insight - its a good one, but my day job takes the vast majority of my work week and I am not sure of a good way to maximize my efficiency vetting the people for that process. 

All of this provides the public with more protection against major theft or loss of funds.