Feel free to send in a small list (minimum 50) to test it out.

@Satyam Mistry Actually after re reading the email they were definitely talking about the 1% test.

The next year will be a great time to have access to cash, so I would get the ball rolling now!

You have to test the market to be able to achieve both. 

Still just testing the waters.

Some additional items to make sure are considered:Make sure you include a due diligence period that starts only when you've received all requested docsPart of those docs should include bank statements so you can verify rent roll against actuals (and reviewing the statements may also bring to light other aspects you wouldn't have been aware of otherwise)Security deposits should be transferred to new PMPro-rated rents for the month of close are transferred to new owners and reflected on HUDA list of all section 8 tenants, if any.

I started buying single family homes as an undergrad at the University of Alabama (roll tide), and that eventually morphed into RV parks, and now, ultimately, mobile home parks.I've got a few partners and an office in Richardson (North Dallas) with a handful of full time employees.

Get the rent rolls and the P&L for the last 12-24 months.

Porter Two others agreed, questionable sniff test results on this one.

Just because they own a home (many have mortgages) doesn't mean they are rolling in money.