Do not hesitate, to post questions and bounce ideas around in applicable forums.

Such may be applicable if you were buying truck loads of sheetrock and plywood storing it in a warehouse for future use.

It has numerous sample letters to the credit bureaus and to creditors, and cautions about doing things. that "common sense" would suggest are good, but that can actually make your situation much worse.

As you're starting out its important that recognize what makes a deal and then as your skills levels improve due to your greater experience, investment in additional training and education, and your association with successful peers, you'll be able to work on and profit from opportunitues that don't appear to have merit.Also, you may have to "touch" a lead numerous times before they show any interest and respond.

I've read numerous times that us newbies should join our local REIA or group.

Simply put, the bank has no way of verifying anything on your loan application, and should you default, they have no recourse other than seizing the property, which they don't want (it's a bank, not a real estate holding company).

Account Closed is one of them, and has written books, numerous blogs, etc. that will help you on your way.

Is it possible to include in the rental application that states smoking is not permitted within the dwelling?

Sounds like it could be a great deal so if you are looking for private money for your deal look at my website at ********************.com/cswets there is access to the application so we can look at  the numbers and get you the money to fund  the deal.

(pics are on my facebook page in the link in my signature) I also just submitted my application for licensing in VA and should be starting that adventure soon.All that said - again, welcome, and if you need anything please feel free to give me a shout!