Lots of bedrooms for any size family, and renters often can't tolerate paying the heating bill for an over-sized house.Sometimes these can be made into rooming houses, if zoning permits (but that is a more hands-on business to be in than whole unit rentals).

Giving a refi to cash out some of your equity on your proven properties and giving a construction loan to build your other buildings you want are 2 very separate issues.If the ltv is right and the property is solid a bank would love to lend on your current buildings for the right ltv.A construction project on the other hand is not a type of loan many banks are giving right now at any ltv.What do you think was the first thing banks dumped on their books??

It's refreshing to find an online community where most of the (active)members are so passionate about the subject at hand, and more than that, openly willing to discuss, and lend a hand to people who are at a disadvantage due to being new in the business.So thank you.

He as a PM had nothing to do with placing that tenant so he would not be saddled by a poor choice by a desperate or inexperienced Landlord, if he did help place the tenant(with LL approval and criteria of course) then his time spent on an eviction or whatever would be free as he had a hand if the tenant placement and therefor his job was to rectify the situation and get a new tenant in place as quickly as possible.

First a quote from the honorable judge Learned Hand.

It feels kind of like making a deal with a hand shake and not putting it on paper and then having the other party(me) back out.

Nothing wring with flipping and wholesaling, if that's what you want.

I don't think there's any more chance of forgery than if you get a hand signature...IMO:)

. :) I can count on one hand the number of homes I've ever seen that were beyond repair.

On income property its different if its smaller its a headache and requires management but larger projects often hands off just a check in the mail and a cam report to go through every month.