This seems like a great community and I am happy to finally be a part of it.

I was finally able to get them out as they either couldn't make the payments or I chose not renew the lease because of the headache.New renters in those houses are much better (my screening process has become a lot more) and now I'm getting bored again because it doesn't feel like I'm even in real estate.

Good choice, guys, and congrats, Karen Margrave.

After my multiple posts on all your help in how-to help on screening and other related rental criteria, I have finally found the tenant who is signing the lease on Saturday!

Finally, whats a POF?

Please keep us posted on progress and final numbersCongrats

and “Are you the decision maker, or is someone else going to have the final say on this deal?”

So finally i started 2013 by deciding to invest in the real state market.

I did vet people at a point in time but finally gave up on trying to assess who would be of value, who wouldn't be.

You will have to front the $, then he will collect other half midway from the lender. at closing, he collects the final 1/2 & reimbursese you.Make sure you get it in writing & that he is licensed & bonded. you don't want him running off with your $ (not that he will).Yes rehab loans are a pain but it's a great way to use other people's $.I think you have a great plan & minimizing your risk.