It's been a great tool so far.

I am an aspiring new real estate investor based in CT looking to use the power of real estate as a wealth building tool and income producing asset class.

Well I guess because it does require real work they have to actually find the deals coordinate the rehab and get them sold..

For example if you sold on year 1 on a 5 year prepayment penalty, the lender would hit you with 5% of the principal balance. 

If you dont have the tools and skills to DIY and get yourself out of a tough spot then you can be SOL if the deal goes south.

Comps solid $410K - $555K (newest) in the area (comps are 1400sf to 1700 sf) and several along this creek sold for above asking price recently.

(Excluding FEMA insurance claims)We recently sold a home we foreclosed on in Georgia and I am pretty sure they had a specific form for disclosure of insurance claims we had to complete (my associate did all the paperwork but asked me about the form). not sure if it was fema or not.The form if there was one was optional, because Georgia is a Caveat emptor state.

I second Transunion as a decent screening tool.

(And - full disclosure - I will be using a mail forwarding address also and only occasionally actually hosting meetings at that location... it's like a 'WeWork' space, I generally work from home and my managers are on-site at the parks...)To everyone's continued success, and due diligence,-jl-do you know the Taylors I think they are SF based I sold them one of my parks a decade ago.. it was in Vancouver WA.. 

There's several reasons why I've bought and sold over 1,000 properties and just bought another one yesterday.