The time to scale quickly with REI is over.

Oh, and the boyfriend apparently brought in a large dog that scratched up all the doors, chewed up some window sills, dug up carpet in the bedroom they kept it in, and crapped all over the new carpet.

All they see is a 10% increase on a weekend, or month over month, and they call it price gouging.  

I've run into some issues where clients get a little anxious over a valuation that came in low or a condition comes up that is fairly minor. 

Did you know there are over 2,000 homeownership assistance programs available across the U.S. according to Down Payment Resource?

I see that you recommend NOT having my mom deed the house over to me in order to borrow against it.

Oversimplifying it just a bit, the investor profits from:- a non-refundable option paid by the tenant-buyer which gives them the right to purchase the property within their option period- the spread between the rent paid by the investor to the property owner and the rent paid to the investor by the tenant-buyer over the life of the option- the spread between the price ultimately paid by the investor when they exercise their option with the owner and the price ultimately paid by the tenant-buyer when they exercise their option with the investorClear as mud?

It’s best to be overly cautious, as flood insurance can be a significant expense.

We weren't willing to take that risk.My wife operated our first home and after a few months we found a really solid knowledgeable manager who took over operations while still working closely with my wife. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.