You learn how to be an investor and immediately reduce or completely remove your biggest monthly expense (rent).If I was starting over I would have house hacked straight after college.

@Ron RohrssenSounds like you want to cut them a break for bearing with the storm damage.I’d get a few quotes for the repair of the garage door and then send them to the tenant and explain how you need to take their deposit and they need to cover the additional expense.

You are middle man looking to broker deals for your cut, not an investor looking to invest.

But next of kin close family is where I would be going if you can get to them and see whats up.If the whole family has limited resources may not be much help there.I know when my mom was in the same situation the corporate owners would not cut her an ounce of slack so I paid her rent for years. 

And you can likely find a company to cut you a break on the leasing commission as well. 

I'll get straight to the point.

It's fairly straight forward. 

I have actually closed 3 deals last year hard money loan with Scott he is straight up honest and tell you you as it is a good loan or not.

THIS IS WAY TOO LONG. this document is critical to a wholesale investor because it is what protects us from any dishonest sellers/buyers cutting us out of a deal. i do not want to know what it feels like to lose money on a deal just because i couldnt get this figured out. 

Some cover all of the rehab and then cut your LTV for the acquisition while still others require payments during construction and others don't.