Fees for violating the CC&Rs or any resolution must be "reasonable," and $2k for merely failing to provide a copy of your privately held contract with the renters is NOT "reasonable."

 ( to verify if I am the owner )  Then she realizes she knows me , she is  one of my customers .  

A general rule of thumb is 90 days at 90% occupied, but again, I would hold on to the seller finance as long as possible.If you are buying out the seller completely when you do eventually refi, yes, you will need to have some equity (whether that's your own, or another private investor / partner). 

Is that what you're thinking of doing... or would this be for raising private money for REI or selling wholesale properties?

If you have any question feel free to send me a private message.

For example, one reason that we work in Memphis is because of the laws respect the private property rights of landlords.   

Both organizations are custom-made for networking!

first you have to decide what you want to do in the note business.. what most of the responses are talking about is buying bad debt.. and 2nds at that which this is the most risky and the most work..if your looking for work and risk and job then that kind of note investing is for you.If your looking for Passive income with no work and Limited risk then you simply need to align with a great HML who takes on private clients or those that understand where performing notes are generated.. we have done over 1700 performing notes for clients that last 5 years and really don't advertise at all. simply because once you get conservative investors in your program it just feeds itself.. deal flow is the key right now.. most have a hard time finding quality. finding defaulted seconds is easy.. and the most risky. 

The banks I do business with don’t do construction loans to private people, and I am not sure I have the income to get the kind of loan that I might need.

Is this a private lender?