I have secured private money for the rehab and purchase at a very good rate.

A lot of the services will throw a lot of goodies your way for registering, but be careful.

During this time Blank will give a promissory note that will be guaranteed by Blank, and secured by this project.

Thus, my allowed 1 1/2 months security gets eaten up in that time frame (no cash loss).

Several days ago I called the tenant to see what time they would like to meet for move-in/exchange of security deposit/first month rent,etc.

I had a steel security door installed.

I convinced him that rental real estate was our way to a secure future.

You missed a BUNCH of the expenses, such as damage done by tenants in excess of the security deposit, advertising, entity maintenance, legal fees, evictions, lawsuits, office supplies, etc, etc, etc.Throughout the United States, operating expenses run 45% to 50% of the gross rents.

It seems like most banks do not lend on notes secured by land.

I'd stop the killing of millions of unborn babies each year and throw violators in jail.10.