So can go into a neighborhood's GIS system and look up what the individual parcels are assessed at and omit the building (also referred to as improvements), typically the real value of nearby parcels is somewhere between 50% and 75% of what the county claims; example: if the Fredericksburg GIS system claims that a certain house's land is assessed at 50K then your investor should NOT buy it at more than 37,500 at the VERY most.One MAJOR point to take into consideration is: an investor that you will help buying a parcel of land is an investor that will have less money to make future purchases.Good luck, and fee free to shoot me any questions as I'm very familiar with the Fredericksburg area and won't hesitate landing a helping hand to fellow BP.

Happy to provide data and reports to determine ROI, cap rate, etc.

When I write our loans, we have a grace period built in - typically 5-10 days - before the payment is considered late and penalties are due. 

Is a down payment typical, or does that really just depend on the deal?

Before having any tenants sign a new lease with you, make sure to complete your standard tenant screening and run background checks, credit reports, etc. on the tenants.

In either case your exchange will report for tax year 2016.  

Typically you still need cash for the downpayment.  

Evictions typically take SIGNIFICANTLY less time than in NY.  

So, you'd better know how to solve at least some of the problems that are typically encountered by a prospect. 

There’s typically a good mix of attendees - usually one or more attorneys, a number of agents, many experienced investors, landlords, flippers, rehabbers, contractors, lenders, etc.