Here is a good Washington Post article (opinion piece) that I was discussing a few months ago with MC public school teacher who I know:http://www.washingtonpost.com/opinions/the-great-m...Here is a less politically correct, but more data-centric overview:http://greatergreaterwashington.org/post/19285/de-...And here is a report directly from MCPS that addresses the disparity of schools in the county:http://www.montgomerycountymd.gov/OLO/Resources/Fi...More importantly, those I've spoken to believe that the trend isn't ending...

Thanks Engelo. 100 offers is great food for thought.

It's also a good idea to set up periodic inspections of the property, which is a separate issue, and should also be written into the lease upfront with a process for the tenant's to correct problems you find in conflict with the lease.As for rent payments, we use Chase Quickpay since we have a Chase account - they don't have to have a Chase bank account for it to work.

If I remember correctly, this may be what is considered a double closing.

@Joel Owens You're absolutely correct.

All that I mentioned are financially compliant for mortgages, they are accurate using the correct formula on a 360 day year. 

You are absolutely correct that this site will be beneficial to you.

Someone correct me of I'm wrong, but isn't there a % limit of what banks will give on a HELOC loan in relation to the appraised value?

If I understand correctly this act should not affect buy and hold investors, should it?

They want to see the correct amount on there and the address of the home your bid was just accepted for.They won't take a general "Mike was just pre-approved for 100k".That being said, most hard money lenders can do that for you.