Properties in excess of 4 units are likely to have better capitalization rates because there are fewer buyers for them.

I understand that the listing agent should be compensated for submitting my bid and completing the paperwork that will ensue should my bid get accepted, but $1250 seems excessive.

How about management, vacancies (not technically an operating expense), damage done by tenants (in excess of the security deposit), entity maintenance, capital expenses, advertising, lawsuits, legal fees, etc, etc, etc (I could go on and on).

As your fund grows, at some point do you make a determination that you have enough set aside to cover any foreseeble expenses, and take the excess off of the top as income for yourself or to reinvest in other properties?

The program, which ends tomorrow, will have transferred $1.25 trillion of MBS "on behalf" of the US taxpayer, representing the single biggest asset on the Fed's balance sheet, and backing up such liabilities as currency in circulation (yes, that dollar in your pocket is collateralized more than half by rapidly devaluing, and in many cases cash flow non-producing houses) and excess reserves.David H.

These companies buy excess materials from local builders and sell them to the public at huge discounts.

State law will dictate how any excess monies paid on the sale of collateral must be disbursed as it becomes an issue of equity beyond what was due the lender.

You can either purchase them outright and keep the revenue or contract it out just to reduce excessive water use.

Seems excessive.

Or I could get a mgt company in this scenario too.I would spend the year the FHA needs you to intend to stay in the property using my limited handyman skills and contracting other repairs and build cash in excess of capital/vacancy reserves to get into other deals.So, this is the short vague version of my business plan.