If I am not taking certain facts of operating as an REA into consideration please let me know why and how they may effect my investing goals.These are very green questions, so thank you for your time.Sergio Rodriguez

To be clear, he did not ask for prior approval, nor is he asking for any compensation or consideration - unless we do the bathroom. 

@pat_clark More stories by Patrick Clark‎February‎ ‎23‎, ‎2017‎ ‎4‎:‎00‎ ‎AM As rising home prices, slow new home construction, and 50-year lows, the U.S. is increasingly a country of renters—and landlords.Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and ClearCapital.com Inc.That number may include second homes, or properties acquired by investors who seek to fix up old homes and resell them at a profit.

The real question you need to ask yourself: what is my end goal; am I investing in this for the short run cash flow, or am I more concerned about a buy strategy that takes appreciation and my equity in the house into consideration.

Additionally, there are legal considerations which govern how the prepaid rent is held and disbursed.

Now its considerably more than that. 

I will definetely take your suggestion into consideration.

So keep interviewing because you can absolutely get a 15% down option with a conventional loan which would be considerable lower interest rate than a private/portfolio loan.  

Appraisals are based on completed sales and may not keep up with a rising market.

Purchasing an REO in Hemet Ca. for a considerable discount.