Have you checked his business credit? 

At the time of lease signing they would give a check (usually like a cashier's check) for 1 full month's rent ($1000 in your example) and then the pro-rated amount would be due on the first of the month with every succeeding month being the full rent.For my own investing I usually look at it on a case-by-case basis.

if its too good to be true it probably is. i never do any of these programs. anyone that sets a timeline on real-estate success is not genuine, there are so many circumstances for each individual investor that determine that trajectory.the only person making a good investment in 3-6 mos is the guys taking your checks.

Old apartments (maybe 1920s), some new infill, certain areas had major drug problems (check with Stockton Police on this, I just avoid area; I looked at apartments there but found that few had any parking for residents) Now there are new developments south of downtown near the airport (Hwy 99 side; east) and on I-5 side (west).

Hey Victor, I would check out the Columbus market.

Biggest take away is finding a location or a property that you can run the numbers on any renovation or market to check future ARV/equity.You want to have equity built up in the shortest amount of time to try and refinance to take cash out or take out a Heloc. 

Hi Latroy, it is really important that you do your due diligence which is a title search to check for liens and encumbrances.

Thank you Gents, I really appreciate the sanity check. 

For what I'm looking for... again no matter whit who i check everyones want 20% down payment so I'm looking less then that i know also about the points between 2 to 4 ty again for your answers guys

And nobody's going to check at any point that you're still living there.