Most of the HOAs I've dealt with are wise to the legal standing that you have absolutely no foreclosure protection as a 3rd party buying at the courthouse steps.  

It works at Wal-Mart, in a diner, standing in a bank line, getting gas, at the grocery store, everywhere people are.I've pulled more leads out of a restaurant having coffee in an hour than you'll likely get with 100 flyers. 

The GREC does not generally interpret legal matters and will always say NO to err on the side of caution.If this is going to be a big part of your business you might want a legal opinion letter from an attorney standing by the structure and disclosure they are telling you to use.

I stand by my statement.

Appreciation you can't control, the market and economy will dictate, although hold on to a property long enough and your appreciation stands a better chance.

The fact that NOI takes financing out of the equation stands to reason that the cap rate is a good barometer when comparing to other props in the region, neighborhood, community etc.

I can't stand them.

How will I know what type of finishes to put into this home - as in I don't want to go too high end and not be able to get all the money back - but I dont want to do the build out mediocre so it doesn't stand out from the rest.Thanks for your time!

My previous post stills stands, run your numbers, check them twice, include a fudge factor.There are some HML out there that will lend 90% LTV on the ARV and 100% of the rehab cost.

., I do laugh about it now, but the laugh makes the hair stand up on the back of your neck, hehe.