If you can't find properties you like then don't turn in a 45 day list. 

You'd have 45 calendar days from May 31.

MF were 5kish per unit, now, 45- 70k per unit, and good luck finding one.

. ($140k purchase price - ($177k loan - $82k rehab portion)).So, that means you are entitled to 142/(142+45) = 75.94% and your friend 24.06%.

There are so many hidden and fully disclosed fees by the insurance companies that it is impossible to beat the following strategy that I ended up doing and will share with you below: 1) I put a single tenant commercial property under contract with a 45 day due diligence (to inspect the property with no obligation to purchase it) 2) I contacted national tenants (I follow a very specific system) and got one committed to lease the space for 10 years with a NNN lease (NNN means: Tenant pays the lease plus taxes, insurance and maintenance) and a corporate guarantee (lease is guaranteed for the duration and backed by their financing bank like Wells Fargo) and they asked me to spend some money to offset some of their TI (Tenant Improvement for the location) 3) I took the cash I was going to put in to buy in full a WL insurance and instead I just put it as a downpayment for a 20 year commercial loan at very low interest rate and I used some of the money left over to pay for the TI/rehab cost to improve the single tenant retail property as agreed with the national tenant. 4) After we signed the lease the property went up in value from $850k (when it was vacant under contract) to $1.5Mil (with the national tenant in it with the NNN 10 year lease with the corporate guarantee and escalations) 5) My cash on cash was very high and helped me afford double the life insurance coverage for a lower premium because I got instead a level term life insurance with guaranteed sane premium for 20 years) 6) Once the 20 years are over, the loan would be paid off, I would still have the building at even higher value and the rent would easily be at least double what it was when I started 7) I did this approximately 4 years ago and a few weeks ago I refinanced the property and cashed out all the money I had put in, plus some, and I compared my strategy to those whom I know that went for the WL insurance coverage and the financial difference is huge due to the insurance fees, the limitations on what can be borrowed and limitations on income etc etc You can do the same with other type of properties of course.

But MF property does have to be listed on each 45 day list. 

Stunning nature with the Pacific ocean and gigantic Santa Monica Mountain Range out the door with year round near perfect weather.Close to everything from Malibu to Calabassas, Ojai, Santa Barbara etc and within the same 45 min to 1 hour distance ( traffic depending) to 3 commercial airports, namely LAX, BUR, SBA.The university, USCCI is the only one of its kind growing in leaps and bounds while general enrollment numbers are in decline everywhere else along the CA coast.

Not sure if she's ever started a lawn mower or shoveled a sidewalk, and not sure her dad will drive 45 minutes to do so.House really seems better suited to the couple, but have an inkling to single woman might be a bit more chill with maintenance stuff has a history of living in some pretty rugged places.

I buy within 45 minutes of Raleigh.

Second month received $200 on time and PM break down that amount and claim there is $45 late fee, and all that $45 goes to PM account.