I just need to know a few basics before I begin looking for a buyer.Bob [email protected],You have what's called a "mixed use" property, it's even MORE complicated than commercial & up there with the development/subdivision wrap-around mortgages I put together between developers/sellers/backers/& buyers;Have the toughest in the world on my plate right now...mixed Use Horse Barn Construction to Perm w/22oosq.ft of living quarters in the same structure...yes, it was a nightmare.If I can get IT done, Your place will be a walk in the park.1-Know Your buyer/borrower; start off w/a credit report, financial statement, & their business plan, unless they're buying Your going business(?)

If you're consistently LOSING money, it's not an investment, it's a HOBBY?

The customer brings us an address and through our system we find the owners, update his/her location and get a report back to the customer.

Landlording brings in fairly consistent cash flow for a long term.

In any case this means that your monthly cash flow will be consistent, but you will have to fork out more cash in the beginning than you otheriwse would.

You should keep an eye on them, but that comes in the form of monthly statements, and reports.

It boils down to an attitude, a state of mind, emotion and a person of action.It takes courage, creativity and consistency to walk up to someone's front door and knock!

Reports and when due to Owner. 9.

This does not seem right to me that they think their security deposit makes all well and can just get up and leave.My PM notified me that she would bill them for the 1st week of October, any neccassary cleaning/damage, and report them to the credit agency.

Michael,All of what they said is true, but wholesaling is a great way to get started, and learn how hard and consistent you have to work to make just that $5K.