For those minor repairs I believe just giving a couple days notice would be sufficient.

Is it feasible for you both to agree that all cash flow from the property will be placed into a reserve fund until there is an amount that is reasonable, then cash flow can be paid out?

I feel I have a strong grasp of how to fund deals, now I need to find them. before I go gungho in my search for great deals I feel the need to meet with a local lawyer.

Would it be possible to create a business summary and present the plan for a business loan in order to fund the complete project?

Best part about investing is the ability to stretch your funds with the best bank financing available.

Maryland is typically $1,000 EMD (if you have proof of funds or prequalification) at contract execution being held by either Agent or Title Company for conventional sales.

Now I am hitting road blocks such as LARGE reserve fund requirements for each prior loan in order to secure a new loan.

If you have the funds or can write aggressive offers its good, but might take some time to find the deals.

The more information is that the 7 year ARM can get rates as low as traditional financing (almost) and won't require reserve funds for other loans.

I’ve also been thinking of renting so that it can pay for itself and an apartment and save up the funds for a new investment.