When he vacated the property and returned to his home state, he left under hostile circumstances and left significant damage at the house.

I agree.Lower you offer price based on repairs and loss of rents to you during the repairs and your time dealing with the repairs.

I was just approved for $235k on my primary home and I have no personal debt.  

I don’t know your particulars but schedule e and no substantial services is common with self managers and very tax efficient.

Borrowers ability to pay and afford this home since they had zero down2.

I’m not saying he isn’t right with the loophole (I agree and interpret it that way as well), it’s just so new that possible audit flag and a lengthy court case?

Thanks and any help/insight is much appreciated!

I’m a hands on type of person so I will be focusing on properties in and around Tampa, Florida so that I can be up close and personal and learn as much as possible.I’m excited to be a member of this community and I look forward to exchanging ideas, strategies, and gaining knowledge from all of you as I dive deeper into this exciting world of investing.

Hello, I have a good interest rate at 2.875% and have tenants, I'm cutting even with expenses.

As a new note flipper and new note investor, I've gotten my 1st note flip deal under contract yesterday w/ my note buying instructor & mentor Donna Bauer that is secured by a property in TX.