His vehicle may be leased, so expenses may not be real, but it is a debt, but I doubt if you need to cut it that close.

Since the returns are fairly similar, at least in the short term, then one idea is to simply alternate.

The snakes are out there, you just have to keep the grass cut low.

I would simply forward these inquiries to the management company and those were the only bookings I was getting.

The agents see all this free stuff as a way to save money.Instead you should get your own website, own materials, slogans, etc. so that if and when you leave you simply change the brokerage name rather than starting from scratch.

Looking through other threads on this subject, I see I have my work cut out for me in the Due Diligence department but it looks like a great learning experience for me.

Sure would be nice to have a clear cut answer to that, but there is not.There are too many variables involved, remaing term, credit, seasoning and proven payment history, collateral, loan to value, property condition and the details of the contract including the security assignement and foreclsoure process.Best to get bids, and look in your area for other investors, including those who buy RE, your best deal might well be from a local individual looking for a good investment.

In this example you will see for cabinet hardware, outlet covers, and vent screens I just simply budgeted $750.

I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage broker who originates secondary market loans for a NOO transaction.

It's just simply not realistic and I can get them some more off the asking price but not ridiculous numbers especially if it's fully performing for a long time.Since you are an investor is there a local real estate investor association you can go to??