For the lender to pick up more exposure, they tend to look at the performance in an asset and typically I have seen anywhere from 30-40% down and interest in the 6's.

@Mike MakkarI own several other rentals and so my personal residence could just be a very poor performing part of that business or I could just pay my mortgage payment to the rental business as rent.

If it has done well consistently, then it should do fine for you and is a good investment.  

You can buy performing notes which is passive and collect checks.

If she does not intend to move in and owner occupy within 60 days, and then live there long enough to be consistent with this intention, your lender is suggesting mortgage fraud.

I would talk to the Board of the HOA and find out if they'll reduce or forgive the fines associated with these violations in exchange for a performance bond that you'll get it all fixed.Most HOAs just want the stuff fixed.  

@Federico GutierrezI have not yet i'm working on getting a consistent amount of deals first before i take on that expense and since my main focus is investors i will probably have a little bit of a modified approach to what my assistant would be doing. how about you? 

Yes, the MF numbers look sooo sexy - on paper, but rarely perform as such.  

Near Gannon, there are many restaurants in old 1800's buildings, a city park that hosts special events, a convention center with flagship architecture, a community playhouse that performs Broadway plays, the Warner Theater which hosts various performers and the Erie Philharmonic Orchestra, an art museum, a civic center that is home to the Erie Otters (ice hockey) among many other events, a ball field that is home to the Erie Seawolves (minor league team), and a Starbucks on 5th and State St.

Real estate investors who are used to the fix and flip game often have a hard time wrapping their head around why non performing notes are something that they should spend some time looking into for their real estate investments.