Unless the tenants notify you ahead of time, and attempt to work out a payment plan, you continue business as usual.

Here in Texas, 30 days is pretty normal, and one of my lenders can routinely get deals done in about 3 weeks.

How likely is it to work out for someone working full time and becoming a new agent on the side until Real Estate becomes a full time career?

Personally, I would hold off from any purchases unless you have found an incredible return and all the numbers work out.

It will be her investment just in case the college thing doesn't work out.

There are still a lot of kinks to work out but it's getting there. 

Figure out how much an investor will pay, tell your parents that you can save them over $20k in fees and commissions, then work out a wholesale fee with them.

Y'know, people, VICE and similar media outlets routinely read this board and cherry-pick comments to feature in their articles that make landlords look like navel-gazing greedy a-holes who should be gassed like war dogs.

Dylan@Dylan- Pay off the 30k and instead of paying him 1,000 a month, you guys workout a agreement for him to pay you back.

They are getting deluged with requests from existing commercial property owners for loan workouts while landlords consider tenants rent abatement requests.Everyone is chasing the cheese (money) to get through the short term issues.Drive thru QSR is about 30 to 35% down as most is thru drive thru anyways.