I suggest putting 10 to 20% down so you can secure a decent rate.

Obviously, you're keeping this scumbag's security deposit!

- Areas with a limited supply of land that combine density with pent up demand.

Operating expenses include taxes, insurance, management, maintenance, vacancy expenses, advertising, utilities paid by the owner (at least during vacancies, rehab, etc), evictions, court costs, entity maintenance, legal fees, common area upkeep, lawn care, snow removal, office supplies, damage done by the tenants (in excess of the deposit), lawsuits, capital expenses (although not technically an operating expense), etc, etc, etc.

Other companies are more flexible and will let you make loans, buy a house or invest in securities that aren't publicly traded.

A wrap or AITD transaction includes you transferring title to the buyer and taking back a lien (trust deed or mortgage) to secure the loan you are extending to the buyer.A variation that some will use is a land sale contract.

If you had a 1 bedroom penthouse with secure parking and other things that are not reflected in the data you will have issues.

I also think it is a cost of securing that asset protection by using an LLC.

You obviously need to know the property's value, estimate your costs to secure and rehab, project your marketing time or exit strategy.

In the RE context the note is normally secured by collateral that is RE.Buying and selling notes if both a niche business and a big business.