We are currently running close to 4% inflation, and the FED's target rate is typically around 2%. 

Getting a proof of funds letter is boarder line fraud if you can not actually close on the deal. 

I was starting to think there wasn't anyone on here close to where I live. 

Though I must admit I don't yet fully understand, this has brought a lot of things to light for me.

@Michael Plaks @Randy Rodenhouse Account Closed This is all really good info and exactly what I was looking for, thank you.

I also like to make it a condition that the seller deliver a couple of days before closing an Estoppel Certificate from the tenant where the tenant confirms:  (a) true and accurate copy of the lease and all amendments thereto; (b) address/unit they are occupying; (c) statement that Landlord is not in default under the Lease: (d) statement that Tenant is not in default under the Lease; and (e) statement of monthly rent and remaining term.This protects the buyer in the event there has been a subsequent written or verbal amendment of the lease (that the seller does not disclose) and prevents the tenant from making statements to the buyer/new landlord that are different from the terms of the lease that was provided to the buyer from the seller.Vivian

Closing on several , this / next week. 

On the net worth side of real estate I usually only update that yearly and use ”safe/minimum/must sell prices” (say 20% discount and 10% closing costs.) to me the income is way more important than the net worth.

I have two questions:1) What is the average rehab cost/sqft  (cosmetic, light rehab, and full gut) in the Charlotte market?

Cameras, security guard, locks, types of lights?