I don't really pay that much attention to it as it's really not cost effective to spend time to research a $0.99 item.

It must be in writing.Something to the effect,I Bob The Builder do entrust Thomas The Train to carry out all functions required for the successful administration of property located at xxxx), might suffice.Signed, DateNotary stamp goes in bottom right corner.Thats the simple function I used when I deployed at least :D

How do you effectively qualify a buyer?

So to go one step further, The key to closing is just finding the best investing strategy that fits the sellers selling situation and effectively present it to them in a way that's basic, explains why it works for them, and feeds their ego when they ask themselves the question "What's in it for me?".

:) It's just very frustrating when you feel the homeowners voices are not being heard.

From your "it sat for a while" comment it seems like you may not have accounted for the effect on the value when you started this deal.

It becomes effective the day they sign the lease and we prorate their second months rent payment.

While all markets are different these trends generally hold to some degree.So, I'd say that national trends of markets is pretty useless to spend time on trying to study them as they don't filter through to your local market and if there is an impact, it's a very long movement for any noticeable effect. :)

The people close to me often give voice to my own fears so the doubt is usually mine and we try to run through it together to find where the downside is.

Also FHA 203K program is for purchase rehab if you're buying owner occupied.QM or Qualified Mortgage legislation goes into effect Jan 1, 2014 min Fannie/Freddie conventional loans will be 95% LTV.There is a conventional purchase/rehab loan for investors at 75% LTV of as completed value..