I tend to be somewhere a tad higher on my rentals.

Makes a heck of a lot of sense to go for gentrifying areas, though.Account ClosedMay I also ask everyone-Are there particular motivated seller populations you tend to like for flips?

Good Luck Jason, I tend to agree with J Scott on this one.I tried to do what you are trying to do on a smaller scale in the recent past.  

There is so much good content on here and people tend to be really helpful if you have any questions about REI.

I have learned a lot from everyone here though by reading several forum posts and, in return, I would like to help others out as well.I am a credit analyst at a community bank and we tend to have different guidelines as loans are booked under the commercial side rather than traditional residential and then sold.

The shades might be really good at the day time, but they tend to make the house look cramped and dull when the sun goes down.

There are event hard money lenders that will lend you the entire nut for the purchase and rehab, just pay them a portion of the property value once your build out is done and you refinance to a permanent loan.  

I also don't charge a fee which I tend to believe I should.I never use to get a deposit but I am finding that I am only hurting myself by allowing that tenant to continue to shop for homes while there application is under review.Thanks

Here is who I am and where I am in a nut shell.

They use the account information to have checks printed or make electronic payments beyond the limit of the account, after priming the account with deposits for a period of time to get it into a state that the bank tends to view as seasoned.