Also needs to display ample liquidity to start the first phase of the rehab.So, while 100% financing could happen, the borrower probably has to display that they have around 20% of the total costs of the project in liquidity.Maybe not the most ideal option, but one that I always liked when flipping as it lowered my cash exposure on deals (having that extra cash in your account, instead of left at the table is nice for when you encounter unforeseen items on rehabs).

You can usually tell scams from legitimate people.My questions become:1.

I'm wondering if this is a scam.

We have encountered a couple who will discount month-to-month leases as they consider them to be a higher risk and one who would not count the income from month-to-month leases at all.

If you encounter not being able to find properties in the future, you could try contacting listing agents direct. 

This is quite an interesting discussion and the topic can be polarizing...which usually means that what is right for one is not right for another and that each person should consult with their own counsel and make the decision most appropriate for them.I chime in with my experience because I think that the "what ifs" that people tend to think about aren't always the most likely things that you will encounter. 

I have encounters with many of ATW/Trinidad's "Investors" over the period of the last month.

Buy the amount of umbrella coverage that is higher than all your assets combined and also geared toward covering any risky events that you might encounter.

I was going to bookmark that article since it seemed of interest, but decided I would get opinions first due to the recent posts about lender scams. 

Unfortunately there are pretty much ZERO good property managers in town.Most lie, cheat and steal.We started offering management to folks that didn't buy through our turnkey model but decided to stop doing it for now.PM is a S#@# business unless you have large volume where you can actually turn a profit.Most PM companies in Toledo have very few under management so the only way to put food on the table is to up charge everything.Some "on top" fees include: Eviction, *** maintenance *** (This one is the biggest scam they pull) , leasing renewal, admin fees, tenant placement, etc...A tonne of penny pinching happens as the monthly 10% is not enough to pay the bills.Be very cautiousMuch success