Usually it is 3 to 5 year primary leases with options thereafter.

I know in some markets, traditional forms of marketing like bandit signs and direct mail might work really well and in other markets people might be seeing success with their online marketing ( like websites, social media, youtube channel, etc).

I sold both of my motorcycles and used the money as a down payment on my first ever property that I acquired with a traditional bank loan. 

The only way it would is if the son just signed as a guarantor, but the way @Joel Florek stated it, it seems that the son is the primary leaseholder. 

Bought primary residence in Seattle 2012 with 10% down.

I'm house hacking on my primary residence and rented out the other two.   

If you paid $300K+ for the townhome that really is not a great ROI%, but you'd still be cash flowing $165/month from essentially doing nothing.The option to sell or not is up to you, but if you didn't want to there's always the following options for tapping into equity.1) Taking out a HELOC2) Taking out a traditional home equity loan3) Cash out Re-finance (normally done on free-and-clear properties though I think they can be done as long as you're above 80% LTV)

@Bosko MijatovicIf the home is in pre-foreclosure, the current owner is still in control of the property and would be the primary contact to moving forward with a sale.

The lender didn't understand that mine and my co-signers (my mother) income were both from self-employment and after he found out a couple months after giving him all this information and being approved, we were called and told he can no longer go through with it.Needless to say, my girlfriend is very upset as this was going to be a primary residence for us to start a family (as well as a location for my personal training business).

I bought and lightly fixed and sold a property; I bought and fully rehabbed another house and sold; I bought a short sale and fixed it up as my primary residence; I’m in the process of a flip that has extensive work (just closed on Wednesday); I had a rental for almost three years.