They will more than likely be late on the rent. 

Hey everyone,I wasn’t at first, but lately I’ve been extremely interested in taking money out of my 457k (retirement account for city workers like a 401k) to get my first investment property.

Wanted to share that BiggerPockets is launching a pro-only 12 week Rookie Bootcamp in late August, with Ashley Kehr leading the way.

Anyone complete any commercial refinance deals lately?

When you say great rental payment history does that mean that their current landlord confirmed they hadn't had any late payments during their occupancy?

@Parker Borofsky can shed more light on this.This is indeed a red-hot market and lately it's been common lately for sellers to ask buyers to waive appraisal contingencies, as properties are receiving multiple offers (sometimes more than 20) and getting bid up well over list price.  

I don't plan on ever holding or mortgaging the property especially since it won't cashflow.In my this sounds like a pretty straightforward play given the steady growth of the area's tech sector which I believe will actually be accelerated given a lot of tech companies are looking to open satelite offices in Canada due to the encouraging adoption of remote work, cheaper and abundant tech talent and uncertainty of american immigration causing a lot talent to move to Canada.The biggest risk I see is whether or not the specific property I buy will be in demand in 3 years:Who are the demographics that will actually be buying homes… not the 22-24 year old coming out of school and working at a tech companies but perhaps the late 20s to 30s folks who are settling with a partner and kids.

My tax return was now going to be late and didn’t even contact me to file the paperwork to avoid the penalty.

Lately all of my business has been with my local credit union, who does business lending, but I like my contact and my relationships there.

We do not want to renew the lease, since the house is in very, very poor condition and she is usually late with payments and the rent is way low compared to others around.