True there is a lot of foreign money in both places but I think the number of people buying apartments in NYC as just a place to store money and go once in a while is probably higher than NYC and it defines the super lux segment here.2) I have never seen people so willing to cram themselves into tiny spaces than in NYC.

Then consider what predatory dealing and lending entails, many set predatory arrangements totally unaware of the consequences or meaning to do so.You didn't define a class D borrower, if A gets a loan and B can get one within a year, then C must have other issues and D seems to be down the list without any chance of getting financing in 2 years, probably more like 4 or even 5, perhaps 7 to allow stuff to drop off a credit report.

If previous tenants were of good character, and honest, then you might not worry too much; if you had some situations with the previous tenants that give you good reason to be concerned, then you would be better served by changing those locks ASAP.

It's called character :) I want to cry when people tear out original details/completely gut old homes.As far as the windows, if they are in good condition/work (they aren't painted shut) then keep them.

The final rule implements the Dodd-Frank Act and clarifies the scope of the rule as follows:• The final rule defines “a term of a transaction” as “any right or obligation of the parties to a credit transaction.”

Justen before choosing a broker/agent you need to define exactly what you are trying to do.Buy and hold rentals can mean condo's, single family homes, town homes, duplex, tri-plex, quads, 5 + unit multifamily buildings etc.I am not even getting into commercial properties yet.Different niches require different levels of capital to start.

and remember, you're building character and experience too!

It has definately been a learning experience.

Due diligence on any given pool also depends on size and character and can range from 15 days to 30 days.

Hood area though, they receive a lot of low-educated, questionable characters who join the ARMY to get out of trouble or because they have no other options.