After consistent follow, I offered second carry and he spoke to his legal rep and says he is open to the idea.Property type : 4plexNeighborhood: Decent about A around Dutchtown STL,MO area.- hot area.Comparable between : 260 - 310kSeller will accept 280K - 65kSeller will second carry $65k . 

It's not terribly difficult to pierce the corporate veil, if you don't operate in a very consistent professional and totally separated from your personal finances manner.

do the most you can consistently to work towards your goals which usually is much less than you think.

Tenant PoolThe only way to consistently make money is to keep the property occupied by what I call a "good" tenant.

Is it good practice to open HELOC when I received pre-approval letter form lenders for new Home purchase?

It would be interesting to hear from some experienced appraisers if this could be true - not practical for a park, but might on acreage.

I'm practicing my underwriting on various local apartment complexes and found an interesting case that I wanted feedback on.

I am practicing what I am preaching here and refinancing to get about 120k and intend to purchase additional houses.  

Once you buy one, you'll probably buy more.Some suggestions:1) Us Quickbooks and set up Classes for each property and subclasses for each unit. 2) Scan EVERYTHING to either Google Drive or Dropbox. 3) Create a consistent folder-tree convention, example:   Main_123 (property address with street name first)   -General Property Info   --Insurance   --Property Taxes   --Title Docs   --LLC DOcs   --Purchase Docs   --Loan Docs-Utilities-Maintenance-Leases   --Folder (LastName_FirstInitial)-Advertising-Rental License-InspectionsAppliances & Mechanicals (pics, model tags, warranties, etc)4) Create list of consistent naming conventions for files so you don't have to open themExample: yyyy-mm-dd Main_123 Water Bill mm-dd to mm-dd $xx.xx               Lease Main_W_123_#unit (LastName_1stInitial) $RentAmount EXP yyyy-mm-dd5) Create a great lease by reviewing several from online, then have attorney review for compliance with state & local laws.

(replace a faucet & a hose bib)The receipt was not itemized - just a vendor invoice for parts & labor combined.Is this 'standard' practice for PM companies?