Unless the property has been extensively rehabbed in the last 90 days and the developer has a great track record and all of his tenants love him and it is a GREAT deal, it is not worth the risk.

If we can help her get out of debt and get her finances back on track, and she can get moved out to where she wants to and be free and clear of any financial problems she has.

Precious metals have more of a track record of course but the decoupling of the paper price and the physical prices blindsided a lot of metals enthusiasts. 

I'm retired now, and I have a spreadsheet that tracks all the autopays, incoming and outgoing, making sure the cash flow is right, enough money in the bank.

By asking for advice, you’re already on the right track.

I track Tax/ins/maint/cap ex actual expenditures and watch for projected needs.

He has a packet you can get for free that explains it in detail and includes tracking sheets.

Hello Sophia have you been able to get your contractor back on track with the schedule we need to stay on top of this time is money I did not see any response from you yet.

The bank may be interested in understanding how capable you are or how likely you are to be able to successfully rehab the property.

So essentially we're just vetting tenants and keeping track of the maintenance for him.