A "Discharge" removes the lien from the specific property.

The VAFF is typically financed in your loan amount at close but there are strategies to remove the VAFF completely upon close if you want to reduce the financial impact of the higher cost of closing that the VAFF causes.Best,

So in good years (when we don't have to fix a roof, or remove a tree) my mother's IRA can produce over $1000 a month. 

Julian, I hope that the next 12+ months of steady rent hence income, plus steady cashflow, and steady history of payment on note, will remove doubt and hesitation on the part of conventional banks.Thanks

If at a future time he wants to move out and be removed from the lease, you can make an addendum that can easily remove him.

So, should I remove the listing and repost at a higher price, or is it normal to have this many inquiries normal and the majority will flake out? 

RENTAL PROPERTIESThe first step in making rental income projections is to identify the rental market in which the property is located and consider the following factors when adjusting the future rental income: > Current rents > Caveats on rental increase and tenant removal > Market rents > Occupancy loss> Economic conditionsIt is important to remember that often the listed potential rents for properties may not be realized immediately and the future rates should be adjusted accordingly.HOSPITALITYHospitality is a cyclical and seasonal industry, making it difficult to accurately forecast long-term sales due to the ever-changing market environment.

I know there are PM's on BP, especially self managing, that will disagree with having a grace period, but you remove a LOT of drama by having a clear 4 or 5 day grace period, not counting weekends and holidays, with a equally clear and meaningful late fee (within local law) that you consistently enforce on all tenants.

So found a great investment house 34k purchase appraisal 115k. Problem is the home was owned by a hoarder who passed away in the home. Person was also not found for 12 days so body decayed inside the home. To add to ...

I get calls from people who saw the ad on sites that I never heard of.The only problem is that when you remove the ad, it's slow to come off of those other sites.