A thorough background report will verify the applicant’s identity (Social Security number, past/current addresses), as well as search the applicant’s background for their:You can get a copy of his book at this link:https://get.biggerpockets.com/rentalbook/If you have any questions about screening tenants you can always ask our screeners via LiveChat at RentPrep.Good luck!

., hasn't been raised in almost a decadeAfter closing the rent raises to: $1300/mo.Utilities are payed by renters.My sister and brother in law are buying a nearly identical duplex right next door. 

Not sure when you say that the hard money lending rates you see are similar to bank loans (you have to compare maturities first and there is no way a hard money lenders gives you a 30-year loan).Regarding hard money lenders in Buffalo, you may take a look first at the ones listed on BP's website in NY state

I am working on verifying each home is identical; I don't think they are; but for simplicity's sake...Market value is closer to$600k for each townhome should it be sold separately on the open market.

On the residential side we are seeing an uptick in inventory, but sellers have yet to adjust their pricing and still think it’s 2021-2022On commercial side we are seeing small banks wanting to move their loans with maturity dates in the near future even if performing.

After about 10 years the Line of Credit will "mature" into a different loan and the rate will increase even further. 

However, the building is situated between two other buildings which are virtually identical.

Or, if I wanted to pull out just $20k to do an identical deal, would that be an option? 

,Perfect, I appreciate you guys pointing me in the right direction.I know @Jocaro Dodd asked almost an identical question, but is there a particular reason why you would mail market to these leads, rather than calling them directly to begin with?

@RaKell Adams, At this time in a maturing market it's very natural to move into a more defensive posture to protect those gains.