Keep in mind some things won't show themselves for awhile, a house usually gives up most of it's ghosts in a 1 year cycle, this allows it to go through the seasonal changes of moisture, expansion and contraction and tear itself apart where it needs to, tile floors will show cracked grout within a year, letting you know they weren't installed with proper underlayments, drywall will crack at doors and windows showing the house movement do to soil getting wet and drying out where it shouldn't, the basement will get wet showing you where the freeze thaw is effecting it, paint in bathrooms will show mold in a year showing you that the flipper didn't vent exhaust fans properly and the list will go on and on... 

If I split the water line how would it effect if work needed to done on the water line connecting to the back house?

And of course I look forward to communicating with all BP members through the forum :) 

Slack is great for group communications.

right now I drive an old car. 1999, It was my first beater .Right now I'm saving to get enough money to put into my business / save enough to get a hard money lender and do a deal....Even though people say they don't judge , I'm curious how much of an effect a car has on a listing appointment . 

Keep up the work, stay persistent, and try different methods to find the most effective.

If this is just a small, passive income stream, I don't see why it would effect you receiving benefits.

I don't usually penalize tenants on the first late, ESPECIALLY if they reach out and communicate.  

Additionally, while a precipitous fall in oil prices has had a negative impact on “oil patch” locations, it has effectively increased the spending power of the American consumer.While there are still concerns regarding the overall health of the economy, the current real estate lending environment remains active and strong as a whole.

I feel that I have a good grasp on how they work ( the Financing structure, the funding of the Repairs into the Loan, Interest Rate, Points, Seasoning Period, Down Payment, etc. )What I'm still unsure of , is what is meant by a 5 or 7 year ARM ( as the Initial Loan that you get when you use a Portfolio Loan from the Get Go , But then after that time is up ( the 5 or 7 years ... depending on which ARM you went with ) , how then does the Financing , and More Importantly my own Personal PITI on the Property get effected, by me then having a 15, 20 or 30 year Conventional ?