Not a good option for you.I think you might approach friends and family who are looking for long term returns at better rates than they are getting in their CD's.You can amortize over 20-30 years, but set it up with a balloon in 5, so that by then you might be able to get conventional commercial financing.

The key is to get a high LTV which is possible through a few approaches I learned.The reason I like this idea is because I calculated that each deal (good deal) I do with a credit partner will bring the account about 800/month and cost us 400/month for debt.

In fact in their AOS, it has a spot where you can choose between "HUD'S designated closing agent" or write your own in.

My experience relates to their fees and approach to processing them and billing.

The problem with wholesallers to me is I usually get approached by So Many wholesalers.

Use the standardized approach to formulate your estimates keeping within those stats of similar properties, you need to do that because the reader of your plan will be using that same information and if you are too far out, without good justification, it becomes a reflection on you as a business person, are you doing or capable of doing your due diligence or are you trying to fog your way through and reap some benefit.

This can be a way to test different designs until you come up with something you love.

You can't afford to take a "hands off" approach to your investment just because you've hired a property management firm, at least not until you've worked with them a while and they've earned your trust.

Albert - Here's the response from our rep at SmartMove:TransUnion SmartMove was designed as a consumer initiated website to help landlords avoid having to pay membership fees and go through stringent compliance to obtain a potential renter’s credit and criminal information.

There are a number of approaches to the increase; property taxes went up, insurance went up, some utility that you might pay has gone up (maybe trash or sewer), can't risk losing IRS deductions for expenses by having rent too low, common area maintenance increased, etc.