Monthly expense with just mortgage tax and fees are running at 2.7 to 3k and the rents have softened to 2.3k.

You are essentially managing the development for fee then managing the property until the sale? 

I ask the title company for a proforma closing statement showing all costs and title fees way before the closing, so I know how to proceed.

It's kind of funny to hear Calabasas/HIdden Hills being shouted out in rap songs by Drake.

We almost paid close to 4k for closing and then about 5k for refinancing (with underwriting and appraisal fees).

You can save on that while you are living there -- but if you plan on holding onto the property and moving away -- you will want to plan for the management fees in your original proforma.Good Luck!

I commit to living in the 4plex for one year for x% asset management fee during that time.

The clerk of court couldn't really tell me what I need to do to get the money released to me (other than a judge had to release it) and suggested I hire an attorney but I don't want to spend the money I am owed to pay attorney fees, especially if it's something I can do myself.

Tenants pay online, if a tenant is late they get an automatic late fee added and email sent their way.

Hi,Question for rent-to-own pros - Who pays the HOA fee in such an arrangement, the tenant or the seller?