@Isaac Hebron if you have friends like that why do you need enemies....lolFriends are suppose to help you not rip you off.I think it’s easier to get prepared for investment rather than lose $5-15K every now and then.HELOC is a great option but you have to plan ahead and get it before you start looking for houses.Credit cards with 0% for 12-18 month with 2-4% upfrontHML charging 9-11% for 6 months plus upfront fees - the worst source of money I never used but still better than your “friends”.When you buying a cheap property ($35K) you have to plan ahead.

I assume the lease says who is supposed to live there, right?

They are one of the more pricey lead generators but supposedly are better with up to date info.

It is understood that the deposits and pro-rata come to the new buyer, and the check is in the mail (supposedly), but it would have been nice to have it in hand after walking away from the closing table for peace of mind, and to fund some cap-ex (rent proceeds not deposits which shouldn't be touched), but it didn't go that way.

I sent the assignment form yesterday...that's exactly how I thought it was supposed to work, but thought maybe I was missing something.

I set up my first mailer on July 4th and it was suppose to go out on the 9th.

For non owner occupied, often you are supposed to hire it done with a licensed electrician, but I don't know code where you are at. 

And the deal is supposed to give between an 8-10% return. 

But I suppose if you paid way above market price anything is possible.

I still don’t understand the exact numbers, but I suppose I should find myself another accountant that can!