What are the successes that you are finding?

I took over the management of our portfolio while living overseas, and found one of the most challenging pieces of management was finding someone to do an easy task (photos, move-out inspections, meeting a locksmith, etc.).

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

You inspect, you may need to negotiate repairs or price changes based on your findings, the bank appraises it to ensure they can underwrite the loan, then you close.If you find yourself anxiously waiting, you can do what the vast majority of investors never do: educate yourself on how to manage a rental.

Originally bought to relocate to.How did you find this deal and how did you negotiate it?

I personally learned it by finding a local mentor, joining as a LP, learning the ropes and eventually graduating to the GP role.

I know that :)   I have great credit 740+ FICO, a few flips under my belt and this current project isn't complicated ($110k purchase price, $20k rehab for cosmetic fixes).They pulled credit before my term sheet was issued :(   90% LTV on purchase / 100% LTV on rehab  (What they sent:  65% LTV on purchase / 100% Rehab)Rates starting at 7.49% for 12 mos  (What they sent: 10.49% + 2.75% Loan Orig)We have a tight close date and I have to call the Account Executive everyday to find out what the status of the loan is, term sheet, etc..I'm not sure if I will use them for this project as I have already received 90% LTV for purchase and rehab, 9.49%, 12 mos, 1% loan orig, from another source but I wanted to try them as I heard many good things about them from other investors. 

It's hard to find a home or an investment that is less than or close to $100 a square foot anywhere in the country so the more I write about this, the more I am taking myself into this...9 million visitors cannot be wrong.

So, we're trying to find other ways to connect with people who are active in the city. 

How did you find this deal and how did you negotiate it?