We already know that hard money lenders make roughly 10-12% in holding costs and all of that.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Mobile home buy & hold investment in Swanton.

Reno, on the other hand in the heart of the West, offers a more consistent track record-just what you want for peace of mind in your investments.Key Points:1) Reno is holding its own with solid occupancy rates for multifamily properties.2) Across the West, occupancy is more consistent, and Reno fits right into this pattern.3) For a balanced approach to investment, Reno’s stability is worth considering.For those San Francisco, Sacramento, San Jose, Los Angeles investors looking at the big picture, Reno is a smart choice.Source: Freddie Mac Multifamily 

That's time for a new negotiation and they will likely buy your Option back from you.You can also sell or trade Options for cash or anything else you like and they are great to hold in retirement accounts too.I currently hold an Option which I paid $4500 to the local County for the owners delinquent property taxes to save his house from foreclosure.

Not sure if I can only use a savings account to hold the renter's deposit.Thanks!

Vacancy--how long will I have to hold the property and pay its mortgage before I get tenants?

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So, the mortgage remains in place, with full liability as stated in the mortgage/deed of trust for the original borrower.I just completed a RARE subject to sale in which the bank holding our mortgage note agreed, via signed documentation, to allow the sale of the property without enforcing the “due on sale” clause.