Second, I can literally count the number of "friends" who visit me at my home on my fingers.

Usually you want to leave some meat on the bone.

All of my management companies have settled with me at the end of the month, which is fine by me because I don't feel they should have to float the bill for repairs throughout the month.

Feel free to contact me at anytime, I would be more than willing to help.

Most buyers won't mind you making a large profit if there is still meat on the bone.

75% of Gross Rents for expenses would still put me at a 47% coc return.

Advantages for me: slightly less paperwork, fast approvals, leeway if your credit score is borderline for a specific rate, relationships, flexibility to lend on properties that need significant repairs.Main con is slightly higher than average interest rates and shorter terms, for me at least.  5-6% and 20 year amortization is generally what I'm paying.Hope that helps,- Tom

You're probably familiar with this sort of deal that allows the buyer to finance a larger amount -- in essence, the house will approve for $180,000 but the cash that comes to me at closing is only $172,500. 

Hi Martin, look for me at IMN, I'll be speaking on a few panels there.Bob

@Rocky Griffin it has absolutely amazed me at the intelligence of some criminals.