If it turns out that the pool is too low compared to the rest of the loans out there, they won't get bought and the large hedge funds where most of these lenders get their money may do a margin call and if that happens, like it did with Sprout a couple weeks ago, they file Chapter 11 because they are not prepared to pay $100 million dollars to get loan off their warehouse line.Hope that helps. 

We plan to cash flow well -as we've ran the rental calculators close to a few hundred times (lol) and is getting ready to launch to host guests in our home after about 2 months of getting funding to furnish and prepare the home.

So, in my opinion, it's more important to focus on location and be prepared for the long run (e.g. anticipate repairs, have a solid emergency fund, build self-service management, etc), than it is to find some perfect deal that may never come.

Just saying that it's an idea if you do your homework, build your systems, network with people already doing it, are willing to invest some hand-on time while you learn the space, and get a but lucky (regardless of how prepared we are, luck is always a factors in anything we do, isn't it?)

In the meanwhile, HAD will inspect your property to ensure it qualifies (they will always find something wrong, be prepared).  

As a developer, I am at my office doing research and preparing for the brand's future (I have three renderings and locations of the next properties under the brand in mind).

I just wanted to reach out here and understand if anyone has additional insight into the process and how they are preparing for the upcoming inspection this year 

I am looking for attorneys so I can jump on a call, so I learn and be more prepared in case this we're to happen again.

Have your accountant prepare a mock 8582 and watch how it all flows!

Currently, I'm a tax preparer and this year was my first year, I'm really interested in this topic but I want to know which course should I pick?