I plan to get a more customized lease put together by a lawyer probably by the time I rent out another unit (not sure when that will be).

I think investors can do both real estate and the stock market to create a more diversified portfolio of investments.

Assuming the former, then the homeowners should be outraged, and vote in a board that has been subjected to more scrutiny.And perhaps they should even modify their association docs to restrict board seats to those who have a more pristine background ...

I was just wondering if you do a more lengthier time hold for flipping?

This is only one small indicator of activity and in my opinion, not the most important.Here is what factors I deem important:Employment rates, vacancy rates now compared to last year, cost per unit or per sq. ft compared to one, two, and three years ago, population growth.Armed with the figures for each of these, you can make a more informed decision.

Then I like to bring in specialists for a more in depth observation, namely electrical and plumbing contractors.

We have noticed a more uniform approach where everything has a 90 day deed restriction on it and it is definitely happening more and more.It could absolutely be a beginning ploy to open the portfolio up to hedge fund style companies or REIT's for massive sell off.

There are tons of deals out there so perhaps you should find a more secure deal that will have a larger profit spread so you can make a few mistakes on your numbers and still be ok.

There is a more complicated way of doing it and continue with foreclosure, as a participation where you buy the first (or any) part of the note, say the first $XX,XXX, but that may not meet you goal, depends on what the participation agreement says.Frankly, starting over with a couple months of holding the note would probably be better.

With a more realistic investor loan rate of 5.5%, you're looking at a payment of $556.43, which makes this not such a great deal.Yes, you'll have some down payment and that will increase your case flow.