The Option Deposit is non-refundable and will be forfeited in the event that BUYER fails to exercise the Option unless otherwise so stated.

Tony - to help screen my low-income tenants I charge a high non-refundable up-front application fee of $35.

If its a REO, they may not be willing to adjust for obvious problems, so choose non-obvious ones to complain about.

I think at a small cash outflow or breakeven you are banking on the favorable tax treatments and potential speculative appreciation on the property.

It would surely require a sticker on each receptacle IF IT WAS code compliant.Further, the non-grounded GFIC receptacle is only in accordance with code when not installed in a kitchen, bathroom, outdoor, or other wet locations.

OK, so same treatment for these deals:Example #1Rent: $800Expense: $400NOI: $400Payment: $432 (7%, 30 year, $65K)Cash flow: -$32With a down paymentPayment: $346 (7%, 30 year, $52K)Cash flow: $54Cash on cash return: 5.0%Just about CD rates.Example 2Rent: $1725Expense: $862Payment: $699 (7%, 30 year, 105K)Cash flow: $164Cash flow per unit $55So, that one's not too bad, though its not going to be $615/month in cash flow once you've factored in real world expenses.With 20% down, cash flow is $303 or 17.4% cash on cash.

I have just started looking into the why behind this deed restriction, and I plan on finding the 'who' in this process who has authority to rethink the logic. ...Hoping to find someone before I reach out to Ben Bernanke and point out how non economical this restriction truly is.

This deposit is non-refundable if I decide to back out and not rent the house anymore.

If the property is in an area with a Market Classification 2, 3 or 4, or the appraisal indicates the property is in a declining market: The reason for the increase in values will only be allowed if significant improvements have been made or the borrower purchased the property under a distressed sale or non-arm's length/at-interest transaction and the above requirements have been met to substantiate the amount of value increase for the market.

A Proper, non-profit oriented focus on Human rights, and a voice for passive resistance which can be a tool. 4.