If the person or service is fantastic, there is potential for A LOT of business (~160 turns per year).

Personally, I rent out properties that I personally would live in- and I carefully screen my tenants.

If the landlord fails to inform the tenant and the latter suffers substantial loss or damage to his/her personal property as a result of flooding, the tenant may terminate the lease by giving a 30-day notice to the landlord.

@Ashley DennisI think people should consider owning real estate personally (tax benefits) and inside of their retirement account. 

His name is on the construction loan and it is secured as well as the cash to purchase the property came from a heloc from his personal residence. 

I guess how you handle the person by building a relationship is key here.

What they said^^^^No obtaining a permit for a structure that will be a habitable dwelling is just plain stupid... sorry - nothing personal.

I use it for my personal portfolio as well.

Assume the property is well located with average appreciation ...Selling some properties of mine and just curious what the average investor buyer is thinking ...Thanks guys I wouldn't personally recommend deliberately buying a property you believe will be negative cash flow.

This time frame is crucial because it allows for you to perform your due diligence on the property before fully committing to the contract.